Is Elon worth it? Honestly!

Investor summaryBearish

Author questions Musk's true value, accusing Tesla of circular trading with his private firms to artificially inflate profits.

Bear points

Suspected circular trading between Tesla and Musk's other private companies to artificially recognize profits.
Financial engineering through tax breaks and depreciation rather than genuine value creation.

TSLA电动车AI 资本开支

Post body

Does anyone actually “earn” this kind of money? Does he actually as one single man bring this kind of value to the world?

Tesla sells cars to xAI, SpaceX, and Booring… Tesla the claims a profit while his other companies claim losses. Tesla buys data from Starlink and starlink claims profits?

When the world is worried about circular trades between OpenAI, Google, Nvidia, and Oracle? At lease it’s 5+ companies going in circles.

Elon seems like he’s just washing one hand with the other and taking tax breaks and depreciation along the way.

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