> LVMH, on the other hand, is Europe’s most valuable company? What a sore lack of innovation…I’m not even surprised because it’s from the continent that still has a lot of kings and queens (albeit ceremonial)…still doesn’t change my mind because I believe royals are the biggest grifters on earth.

I am puzzled. You know that Europe is a big place and that LVMH is from France, the place famous for not having royals?

Also, much of LVMH revenues come from the US and China. Neither place is really known for their fancy royals, either.

Also, market cap says more about the amount of money flowing around than the intrinsic value of the companies. Tesla’s valuation is more correlated with hype (and the status symbol and luxury character of the cars, similar as Apple, which you left out somehow) than innovation.

Your points need a bit of work to be convincing.