> Titan is not a gamble. It's a hobby. And from the eyes of a Trillion Dollar Company, it's not even an expensive one.
Gambling billions of dollars is gambling billions of dollars even when you have a trillion. And everything is tiny compared to their capitalization. They could buy General Motors and burn it to the ground for ~4% of their market cap. That doesn't make it a good idea.
The question isn't what percent of their company size it is, it's whether it's a cost effective use of shareholder money. And best case vs. worst case doesn't tell you anything until you consider the probability of each.
Gambling billions of dollars is gambling billions of dollars even when you have a trillion. And everything is tiny compared to their capitalization. They could buy General Motors and burn it to the ground for ~4% of their market cap. That doesn't make it a good idea.
The question isn't what percent of their company size it is, it's whether it's a cost effective use of shareholder money. And best case vs. worst case doesn't tell you anything until you consider the probability of each.