"Let's call it Anti-Tesla...is apparently the biggest synthetic company ever, the largest pool of shares ever manufactured by people betting against a company. It's no Toyota, but Anti-Tesla is bigger than Fiat Chrysler Automobiles NV; the market value of Tesla stock produced by short sellers is larger than the market value of an entire real car company."That's...something. I don't know. It's easy to scoff that Tesla, a young and still-niche company that has not produced a lot of profits, is more valuable than these big mature car companies; but even that scoffing itself is more valuable than some of those companies. Finance is weird."
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Bill Bonner has co-authored a number of New York Times Bestsellers including Financial Reckoning Day, Empire of Debt and Mobs, Markets and Messiahs. In his own opinion, Bill's most recent title, A Modest Theory of Civilization: Win-Win or Lose, is his best work yet. Bill also founded The Agora, a worldwide community for private researchers and publishers, in 1979. Financial analysts within the group have exposed and predicted some of the world's biggest shifts since that time, starting with the fall of the Soviet Union back in the late 1980s, to the collapse of the Dot Com (2000) and then mortgage finance (2008) bubbles, and more recently the election of President Trump.
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