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It's a highly volatile speculative stock, the price is going to fluctuate often because it's based on imaginary value.
by almost_usual 9y ago
It's a highly volatile speculative stock, the price is going to fluctuate often because it's based on imaginary value.
- solomatov 9y agoIt's not imaginary, it's just uncertain.
- almost_usual 9y agoThe grand vision of Tesla and what's driven the price up does not exist. If you were to ask someone the idea of Tesla and why it's worth so much I'm sure you'd hear an "imaginative" answer.
- solomatov 9y agoPersonally, I don't believe that Tesla will capture the auto market in a way that justifies the current price. It's a great company, with the great product, but the market is overcrowded, and I am sure that the margins will suffer because of this.