Elon Musk started this year thumbing his nose at the conservative financial community by declaring himself “technoking of Tesla”.
Such moves confer the kind of publicity that other companies spend millions of dollars trying to achieve. See too a $1.5bn investment in bitcoin in January. Musk’s wayward, headline-generating personality is a big part of the reason Tesla trades at 100 times next year’s forecast profits, confounding the bearishness of some commentators, including Lex.
Today’s column examines some of the calls we got wrong — and right — in 2021.
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