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Five People Founded Tesla, But Only Elon Musk Became Extremely Rich
(open.substack.com)
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this post was submitted on 17 Dec 2023
318 points (77.7% liked)
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It is A metric of the company, best could be argued, absolutely best is stretching it. When company value is based on hype, over promise and lies etc, the market cap becomes less relevant and the revenue/profit are better metrics for valuation.
Theranos was valued at 9B$, just based on hype and lies.
Elon Musk is similar vaporware sales man.