logoalt Hacker News

fofoztoday at 1:36 PM2 repliesview on HN

You basically buy an asset whose risk is tied to a man's life.


Replies

alpinemantoday at 2:28 PM

And not the healthiest man alive

cbeachtoday at 1:51 PM

General Electric was just fine when Thomas Edison died in 1931. And Apple was fine after the tragic early death of Steve Jobs.

Companies like this become bigger than their founders.

And I'm sure many on the Left would argue that Tesla and SpaceX would be healthier companies without Elon Musk.

Although I tend to differ on that, having owned $TSLA for a long time. Never bet against Elon!