I think He is saying even if Tesla replaced all the car manufacturing in the world they should still only be worth a couple hundred billion more than they are now. He does have a point.

Batteries are another thing. I wonder what the market cap of all the battery manufacturers is?

Problem is if nobody else believes Michael it doesn’t matter. He needs everyone to jump of the bandwagon to make his short positions work. Doesn’t really look like that is happening anytime soon.

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