Does The EV Revolution Exist Without Government Welfare🤔: Leo Koguan, One Of Tesla’s largest individual shareholders Thinks Elon Musk Should Be Replaced As CEO – December 18, 2022,
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Is Tesla Inc. more valuable than Toyota? Well, on paper, it is, and if we’re to be honest, most green initiatives have been complete failures in the stock market. This is WITH massive subsidies and government redistribution schemes doing everything in their legislative power to prop up the price of these companies.
My opinion on Tesla Inc. is that ELON MUSK has a lot to do with the success of Tesla; I’m not sure Tesla Inc. is VALUED where it is today without Elon Musk, who like him or not is an INSPIRATIONAL figure. I’m not an Elon musk fan, but I give credit where it’s due; I even give credit to the current Prime Minister of Canada, Justin Trudeau, and current president of the U.S., Joe Biden, even though I completely disagree with their economic policies.
Elon Musk built spaceships; he’s doing a far better job building spaceships than NASA; Elon reimagined how building a spaceship could be done. Even though most of what Elon is doing is a work in progress, I can see why people VALUE what he brings to Tesla Inc. Now, if Leo Koguan is a visionary and imagines Tesla Inc. being a success without Elon Musk, I’m not so sure I agree with that because stock prices have a lot to do with attracting NEW buyers.
There are a lot of young people who buy or who are considering buying Tesla because they’re fans of Musk; you take that away and potentially install someone LESS inspiring, and Tesla Inc. becomes just another car company. Where I agree with Leo Koguan is that the value of Tesla might be crashing anyway, and what’s the worst that can happen?
To that, I say because Tesla Inc. is NOT profitable without government subsidies, the perception of Tesla Inc without Musk as CEO looks a lot different. Tesla will look very boring with Musk, and that would warrant more people looking under the hood so to speak, and I can’t see that being a good thing for Tesla.
Volkswagen Will Surpass Tesla EV Sales By 2024 New Report Says | insideevs.com
In Germany, their government invests heavily in Green, and for this reason, Volkswagen Group is already projected to surpass Tesla Electric Vehicles by 2024. This post will be published at the end of 2023. Meaning that in ONE YEAR, some are PROJECTING Volkswagen Group to be competitive with Tesla in the EV space. You can ignore this if you want to, but I’d argue if you remove Musk, at the very least, one should expect a dip and in order to recover from this dip, investors will have to imagine VALUE post-Elon Musk.
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In closing, I’m not so sure what to think regarding Tesla Inc; Apple managed to survive and even thrive post-Steve Jobs, but Apple was never reliant on government subsidies; love him or hate him, Elon Musk is a GREAT salesman. I think people on the Left side of the political spectrum are upset with Musk because Musk has taken some public positions that isolate the more radical Left Wing ideologues.
But these far-left social influencers may simply be a fleeting moment in history and might soon find themselves as MC hammer pants of this era. If that is indeed the case and talking politics becomes a STALE way to waste time, the EV market could soon find itself WITHOUT a face and without a spokesperson. Becasue of rampant consumer price inflation, one has to wonder how long people will be in favor of a green revolution.
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During the era of Punk music, politics was getting really annoying, we’re in an era in which politics dominate the airwaves, and a lot of this is due in large part to Donald Trump, who appears to be dissolving into a political pundit day by day. Now, if Donald Trump, who has really been SELLING politics, becomes yesterday’s news, what does popular culture look like?
If the market rushes back to VALUE, where do EVs fit into that? The growth of EVs existed in a Zero Interest Rate Policy(ZIRP) environment; I don’t know how The EV market looks in an era in which most investors are going to want DIVIDENDS or cash-flowing assets. Volkswagon pays a dividend, but Volkswagon at least right now is not 100% reliant on EVs.
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I think Germans are headed for an EV shift, and when I read how European automakers plan to suck capital out of their customers using subscriptions, I wonder how sustainable that model really is during a period in which deflation appears to be the norm moving forward. If we’re getting off of fossil fuels, the markets look a lot different than they look now.
I remind anyone reading this that EVs and the green revolution to date can not survive without government redistribution schemes, I personally think this would be more obvious if Elon Musk removes himself or is removed as the top salesperson for the EV revolution.
Major Tesla Shareholder Thinks Elon Musk Should Be Replaced As CEO | insideevs.com
Interesting times ahead!