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Less overvalued works too, if you prefer. I take it you're not interested in addressing my actual argument given you've deflected twice.
by reitzensteinm 7y ago
Less overvalued works too, if you prefer.
I take it you're not interested in addressing my actual argument given you've deflected twice.
- bryanlarsen 7y agoFord is perhaps the most undervalued company on the stock market, according to a bunch of metrics, one of which you've pointed out. So saying that Tesla is overvalued compared to Ford is like saying "water is wet". By that measure all 499 of the other companies on the S&P 500 are also overvalued. I haven't addressed most of your arguments because they're both not wrong and irrelevant. The original point I was refuting was the belief that the stock market values Ford less than it values Tesla. I'm saying that the stock market values Ford at about 3X what it values Tesla. If you disagree with that statement you need to give an actual number, and why.
- reitzensteinm 7y agoOP was using Ford's market cap to argue Tesla is overvalued. Your response was that EV is a better metric to use than market cap. But the EV of Ford including FFS also offers no insight in to whether Tesla is overvalued. Not even a tiny bit. If we can agree on that, then we're arguing here for no reason.