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> Follow the money And yet if you do this at the actual companies (SpaceX, Tesla) or industries (rideshare) you mention, most traditional economists will tell
by MegaButts 7y ago
> Follow the money
And yet if you do this at the actual companies (SpaceX, Tesla) or industries (rideshare) you mention, most traditional economists will tell you they have questionable futures based on their balance sheets (all of them have been consistently losing extremely large amounts of money for years) and some believe they will actually go to zero. So by following the money, it's not hard to see why some would think these companies are overvalued.