The real reason Tesla’s market cap has dropped 30%

Everyone’s pontificating re Tesla’s share price drop. It’s down around 30% from January 2021 highs. The typical explanation is that interest rates are expected to rise so investors are selling volatile stocks. Maybe, but I think there’s more to it. I think, in the case of Tesla, additionally, the company has become so mainstream that …

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Elon Musk. Alien, crazy or inevitable?

I’m frequently amused by the surprise shown in many quarters concerning Musk’s capabilities, project choices, eccentricities, origin and wealth. As an Elon Musk-type wannabe (with no billion dollar war chest), I’m actually surprised it’s taken this long to get Elon Musk. Really? Yes! Because, my argument is that, without taking anything away from Elon Musk, …

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