Elon Musk could buy every car for sale in the USA including the used ones, and still have over Forty Billion dollars – see at roughly 90% of the visualization

Posted by Tech-no

35 comments

  3. No he could not as he can’t liquidate his worth. If he tried, Tesla and spaceX would lose most of its value.

  4. And how is he going to get the money buy those cars?

    Whah a stupid article.

  5. It does make me wonder, what person has the most liquidable assets

  6. The bootlickers are really out in force on this one. I think this just shows how busted the stock market is. Tesla obviously isn’t going to be replacing literally every single car, but it’s valued as if it could do that and sustain it for many years

  7. Well Tesla and all of Musks other business assets are way overvalued.

  8. Good thing he got all that tax payer money for EV credits to people who swore they would save the world by buying $100k sports cars.

  9. He makes cars. I think he doesn’t need that many cars, but I’m just thinking out loud.

  10. No he couldn’t if he sells that much stock the price will crash through the floor lol

  11. Well considering he can and has lost 32 billion in a single day because of stock market swings, these kinds of arguments are utterly meaningless

  12. the moment he sells a lot of stock his net value goes down though

  14. He could also personally buy (or build) a home for every homeless person and still have hundreds of billions.

  15. If our economy were a piece of software, Elon Musk, Donald Trump, and every other billionaire would simply be considered bugs in need of fixing.

    If American “Capitalism” were a video game, it would get ripped to shreds by critics for being broken, deemed a flop, and immediately sent to the bargain bin to be forgotten.

    We need a new system and one that doesn’t allow an oligarch or plutocracy to form in the first place. This game sucks.

  16. It’s hilarious that people think that $400Bn number is tied to any kind of reality. First of all, it’s complete market speculation driving it up, not intrinsic value of the company. He couldn’t get $400Bn for that stock if he actually tried to sell it on Monday. And he wouldn’t even be allowed to do that in the first place. I mean…the worth of that stock was less than half that amount less than 2 months ago. That wealth didn’t magically appear. It’s a complete bubble and will pop soon. Maybe sooner if he keeps opening his mouth.

    I get it…it’s more than all of us combined. But it’s not like that’s wealth that would actually be realized if we tried to raid his piggy bank. Actually…if we confiscated it we’d find its value would drop to miniscule amounts.

  17. No he can’t… All your data is wrong and based on a complete misunderstanding of money and stocks… not even if he sold everything thing he has would this work at all.

  18. “Could” if he could sell all of his shares at market value as a block order. By the time he got through a couple million in shares sold, the stock would likely trigger a market circuit breaker.

    Liquidity is a dynamic thing

  19. Methinks Tesla is a wee bit overvalued. Can you imagine a car company with a PE ratio of 115? For comparison, Toyota’s PE ratio is 8.64. That’s why Musk is so desperate to make Tesla seem like a technology company and not a car company. But at the end of the day, they sell cars.

  20. He has no liquidity. That’s also how his assets can increase in value twofold after Trump’s election. It’s all in financial assets. To buy anything like that he would first need to find someone who would want his assets at the price that they are valued currently.

  21. Just goes to show how inflated his companies are.
    All it takes is 1 investor scare and everyone will panic sale.
    Takes Tesla as an example, he wanted 54billion. At the time that was almost 100k for every Tesla sold.

  22. None of these rich people have cash like this. They own stock, and if they sold it, the value of “YOUR SHARES, and 401K” and the whole economy would suffer. I fully endorse higher taxes on the rich. I fully endorse a cap on the lower capital gains rate. I hate the “carried interest” bullshit for hedge fund fuckers. Social security taxes should be applied to everything, including capital gains after whatever cap is put in place. But please, stop doing this silly math and start thinking of solutions. Engage with candidates that will discuss these things, and make proposals. We don’t need more memes.

  23. I’m no Musk fan but the irrational hatred directed at him is crazy.

  24. The fact that fElon is literally “worth” more that the purchase price of every Tesla ever sold should tell you something about speculative valuation.

  25. If he were to start selling all his investments, at which point he would flood the market and make each share worth a lot less than they’re valued at currently.

  27. No, he couldn’t. Stock “wealth” is largely fictional and illiquid.

  28. Just think if Musk, Trump, and Ramaswamy personally funded that Pediatric Cancer Research funding that was rejected by Musk, Trump, Ramaswamy, and House Speaker Johnson.

    They could have been national heroes for a very small investment relative to their total net worth.

    Luckily the bill was passed in the Senate after Rand Paul removed his hold on the bill. Rand Paul didn’t want to be the guy everyone blamed.

  29. And all-knowing and wise, THE MARKET, seeing someone buy up all those Cybertrucks, would quickly add another zero to the Tesla stock price. Then Elon could buy the entire planet and change its name to Planet X.

  30. At that level, looking at the amount of consumer products one can buy would look absurd. But rather that level of wealth is about creating or buying entire industries.

  31. But why would he? Would you? And how is this beautiful data? This is political have-nots bs in the wrong sub. Try harder to make that shit beautiful if you want me to upvote.

  32. I honestly doubt this includes all sort of cars though. Probably the general consumer market, not Ferraris and other high-end cars, some of whom custom made. Mainstream basically, not collectionists’. At the end of the day it constitutes a considerable part of other billionaires’ wealth

  33. It totally makes sense for even a guy like Musk to have such a net worth, when the world is filled with people who don’t know the difference between investments and liquidity.

  34. People people act like billionaires didn’t earn the money. It’s regular people that are just giving the money away to them. Elon wouldn’t be this rich if people didn’t invest and didn’t buy teslas. The stock market isn’t broken, it’s people’s values that are broken. The collective will pay 10s of millions of dollars to see someone throw a ball 100mph.

  35. If someone would buy the whole vehicular inventory of a country the price would increase and he would not be able to do it.

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