Okay. He invented it. So what? Other companies are selling more and the first mover advantage is moot.
And the other examples you ara giving…
Apple’s valuation went up as it was clear that Apple had a sustainable advantage and was going to see increasing revenues and profits going forward. Where are the companies that invented the modern smart phone?
Microsoft has a sustainable advantage that hasn’t been challenged in over four decades with operating systems, office apps and later cloud services. But their stock was in the doldrums in the 2000s when investors didn’t see a sustainable advantage with increasing revenues
Meta has also been volatile when investors didn’t see a sustainable advantage.
Amazon also has a moat
What does Tesla have?
