Thoughts on Tesla Investing In xAI (Patreon)
Published:
2024-07-24 04:23:06
Imported:
2026-06
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Do you support this idea? If so, how much should Tesla invest?
Tesla has over $30 Billion in cash/investments today!
CONTEXT:
If in 2019, Tesla had $30 Billion in cash and kept it until today... it would be worth (in real terms) just $24.41 Billion.
You read that correctly.
Inflation between 2019-2024 in the US would have eroded approx $5.6 Billion away from a $30 Billion pile of cash kept in the bank.
Inflation is no joke.
This is one of the reasons I loaded up on investment debt years ago to buy real estate. My mortgage debt even if I didn't pay ANY of it off, would essential erode due to inflation over time.
Lova ya,
Steven
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