‘Musk is Tesla and Tesla is Musk’ – why investors are happy to pay him $1tn

Making Elon Musk the world’s first trillionaire appears to fit a US investment culture of backing high-flying innovatorsFor all the headlines about an on-off relationship with Donald Trump, baiting liberals and erratic behaviour, Tesla shareholders are loath to part with Elon Musk.Investors in the electric vehicle maker voted on Thursday to put the world’s richest person on the path to become the world’s first trillionaire, despite the controversy that is now seemingly intrinsic to his public profile. Continue reading...