As I write, Tesla, the manufacturer of electric vehicles (EVs), has a market capitalisation of $1.051tn, which makes it the world’s sixth most valuable company by market cap. Tesla shares are trading at $1,047, which is 64% higher than at this time last year. Elon Musk, the founder and CEO of the company, currently has a net worth estimated at $300bn, which makes him the richest person in the world.
Enormous wealth, like power, acts as an aphrodisiac that warps people’s perceptions of those who
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