Conversation

QC (in Berlin 7/29-???)
@QiaochuYuan
something confuses me about this a lot at a gut level. tesla stock presumably has value on some level because people think tesla makes good cars. is the point that tesla’s cars are improving rapidly over time? (ignoring the meme effects of the elon markets hypothesis)
Quote Tweet
John Pompliano
@JohnPompliano
·
If you bought a Tesla Model S in 2012, your $77,000 car would be worth approximately $40,000 today. If you had invested that same $77,000 in Tesla stock, you would have over $7 million today. Invest your money instead of buying material things.
Show this thread
2
14
QC (in Berlin 7/29-???)
@QiaochuYuan
part of what confuses me is that this advice can’t be universalized - if everyone decides to buy tesla stock instead of tesla cars then where is tesla’s revenue as a car company supposed to come from?
2
4
sasuke⚡420
@sasuke___420
Universalizing is a way to get confused. Most things are about taking action at the margins, often in systems that have significant negative feedback loops.
1
1