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You are not wrong. Elon Musk is the PR man for the companies he either founded or have a majority of shares in. However, his companies's products and services are not actually superior to his competitors. Take Tesla, the cars are not road-worthy, they are expensive, the battery sets on fire more often, and uses inferior image-detecting camera when driving automatically. Meanwhile, Chinese competitors are cheaper, more safe and use better LIDAR technology for automated driving (but only because the Chinese government heavily subsidise in EV companies making their cars far superior).
So, as someone already mentioned, hype up your company and convince anyone to buy shares, then your companies's valuations increase tremendously. It creates the illusion that your company is productive and valuable when in reality it is not.
Why is the alternative to Tesla on here is always "Chinese EV" when traditional manufacturers exist and make better products? We don't want Chinese dumping their cars and leading to the loss of even more manufacturing jobs in North America and Europe.
Fucking hell, the fight against globalization truly was for nothing, people these days are even defending it against their best interests...
The fight against globalisation? You're in the wrong fight, my man.
Yeah, against the thing that lead the Western world to be dependent on China and to lose most of its manufacturing capacity and that lead to the disappearance of the middle class.
Maybe you're too young to realize that back in the 80s and 90s some people were wise enough to understand that if the rich people on the right were fighting for it, it wasn't good for regular folks.
And I'm wise enough to understand that fighting against globalisation is fighting against gravity, or the heat death of the universe.
All technological and societal advancement leads to globalisation. The fact we can have this argument right now is a result of globalisation.
If you don't want globalisation, you might as we stop all world trade, give up on using the Internet altogether, and live like a vagabond in the hills somewhere.