2 ms·
Tesla is not valued as car company by the market. 30% of Tesla float is shorted and yet it still has a market cap on par with Ford. I've read a ton of similar
by qaq 9y ago
Tesla is not valued as car company by the market. 30% of Tesla float is shorted and yet it still has a market cap on par with Ford. I've read a ton of similar arguments about Amazon how it's burning through cash for years how Walmart will crush etc.
- imtringued 9y agoExcept of course for the fact that Amazon isn't burning through cash. Amazon has had many profitable years and it's revenue has grown exponentially thanks to agressive reinvestment.
- qaq 9y agoIt's not burning through cash now it has being burning through cash for a while before it was able to achieve it's current status.