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I'm not expert but the value of a stock is not only tied to profit, it's also tied to how optimistic people are about a company and where it will go in the futu
by taysic 10y ago
I'm not expert but the value of a stock is not only tied to profit, it's also tied to how optimistic people are about a company and where it will go in the future. That drives up the price of a stock and thus how much you can sell it for. This is what Elon Musk is a master at - whether his strategy is feasible or not. I personally believe Musk will not give up.
- bigtimeidiot 10y ago>I'm not expert but the value of a stock is not only tied to profit, it's also tied to how optimistic people are about a company and where it will go in the future. Those people are optimistic because they expect their share of profits to rise in the future.