Earlier quoted context omitted.
Can't argue that Tesla's smaller than Mercedes when Tesla's market cap is so much larger. In 2021, at it's peak Tesla's market cap crossed $1.2 Trillion. Daimler at it's peak this year only reached $81 Billion (although climbing). Why couldn't Tesla just buy out Daimler? Even now Tesla sitting at a valuation of $372 Billion. It could happen tomorrow. Tell me Elon's the savvy businessman you claim him to be. If Gates…
Falsehoods HN believes about market cap... Market cap has little to do with actual size of a company (employees, manufacturing capacity, ...), nor can a company with a larger market cap automatically buy a smaller one. Especially the latter completely ignores how markets work. These mistakes are particularly egregious when you bring meme stocks like Tesla into it.
Revenues: Tesla $75B. Mercedes $144B.
Op Income: Tesla $12B. Mercedes $18B.
Assets: Tesla $62B. Mercedes $260B.
But according to this guy, "it could happen tomorrow".