Brad Garlinghouse, the current CEO of Ripple owning a 6.3 % stake in the company has also churned out
hefty profit figures courtesy the significant price movement of XRP tokens.
It shouldn't take a Wall Street analyst to
figure out that an automaker spending part of its
hefty profits from pickup trucks and SUVs to develop battery electric vehicles with range and recharge times that will attract mainstream buyers has a much better future than a small upstart automaker with enviable advanced technology, but no way to pay for its development other than by raising more capital.