Title. It occurred to me that despite not wanting to support musk or some other American businesses because of their recent change in policies, I’m still holding a stake in those companies.

  • @intensely_human@lemm.ee
    link
    fedilink
    01 month ago

    In other words, is an integral part of our society that we’ve all collectively invested a lot of money into, for a lot of benefit.

    Almost as if the cars have value beyond a status symbol or signal of political allegiance.

    • @witten@lemmy.world
      link
      fedilink
      01 month ago

      So you’re saying a price-to-earnings ratio of ~90x over the last five years is a reasonable valuation… when their competitors are historically closer to… 6x?