Elon Musk says Chinese EV makers will ‘pretty much demolish’ most competitors without trade barriers

mervyn said:
no, he ranked 41 in bloomberg billionaire index in 2018
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Assuming it's all because of his EV business. His sale of batteries is outpacing his EV business, according to @themickey.

themickey said:
There is some truth to that, Elon is doing very well selling batteries.
Tesla’s Battery-Business Growth Set to Outpace EVs This Year
  • Tesla tapping into utility demand for batteries on grids
  • Energy storage helps complement increasing wind, solar energy
View attachment 332678
Contractors mount a Tesla Powerwall battery unit at a home in San Jose, California. Photographer: David Paul Morris/Bloomberg
By filing. The unit’s profits nearly quadrupled.
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And don't forget he also sells carbon credit which accounts for the biggest bulk of his EV company's revenue. But you are right, apparently his stock value shot up tremendously after he decided to open his factory in China. A lot of investors including you jumped on the wagon and bought more shares.
 
Chinese Billionaire’s Carmaker Adds Satellites in Musk Territory
  • Launches 11 satellites for Geely’s low-Earth orbit network
  • Geely a rare Chinese company to enter area dominated by SpaceX
A Chinese rocket launched a group of communications satellites produced by one of the country’s largest carmakers, boosting the nation’s efforts to catch up in low-Earth orbit — an area dominated by Elon Musk’s SpaceX.

https://www.bloomberg.com/news/arti...dds-satellites-in-musk-territory?srnd=premium
 
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