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0 pointsmichaelt2y ago0 comments

There's celebrity CEOs and there's celebrity CEOs.

Without googling, can you tell me the name of the CEO of Target? Sony? Texas Instruments? BMW? FedEx? Mitsubishi? Exxon? Home Depot? Siemens? Procter & Gamble? 3M? Nestle? Broadcom?

I certainly can't.

But I bet you can tell me who the CEOs of Tesla and Amazon are.

Just because whoever-is-in-charge-of-siemens hasn't run a vanity PR campaign to raise their personal profile, doesn't mean it would help the company if they did.

0 comments

hnfong2y ago

There's big company and there's BIG company.

# Market caps:

Target 64.99B

Sony ~116B (I think)

TI 152B

BMW ~70B

Fedex 62B

Mitsubishi ~70B

Exxon 396B

Home Depot 343B

Siemens 141B

P&G 349B

3M 60B

Nestle ~290B

Broadcom 501B

...

Amazon 1520B

Tesla 750B

The sum of the market cap of the first group of companies is ~2.068T USD, while the sum of the second group is ~2.270T.

And of course the CEO of Tesla is(?) allegedly the richest man in the world, which is one of the reasons why people know him. And I honestly don't remember the name of the CEO of Amazon since Jeff Bezos stepped down.

lupusreal2y ago

> There's big company and there's BIG company.

Which is Twilio?

wintogreen742y ago

Not this big, but very large with a market cap of 13B.

In tech circles, a very well known story though.

swozey2y ago

lmao Teslas market cap is such a joke. 750bn, 10x higher than BMW while I see tens of millions more BMWs on the road and the BMW brand has astronomically more staying power as brand recognition. Wild. Nobody would be surprised if Tesla flopped but we know BMW, a company over 100 years old won't flop.

I can't imagine being offered a choice between owning (the company) Tesla or BMW and picking Tesla.

edit: Tesla did 4.2% of total market in 2023, outpacing VW, Subaru and BMW. They did 25% more sales in 2023 than 2022. They sell 500-700k/yr right now with 2023 being 660k. BMW delivered 550k cars worldwide.

https://www.teslarati.com/tesla-2023-u-s-market-share-volksw...

mlrtime2y ago

So you are shorting TSLA right? Or do you just believe in capital markets?

Solvency2y ago

Shhh you must not rain on techbro's fanatical obsession with fantasy market caps. It's the only aspiration validating their particular niche of career.

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