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Interesting. In case of Buffet, did he provide additional information to back up his claim? I case of EM, I have no idea if he is kidding or serious. This leads
by vgchh 6y ago
Interesting. In case of Buffet, did he provide additional information to back up his claim? I case of EM, I have no idea if he is kidding or serious. This leads to confusion, loss of value - potentially unnecessarily.
- sunstone 6y agoTo be honest I don't think anyone can value Tesla with any accuracy, not even Musk. The prudent valuation is to value it as a straight up auto company. But then, what about the tera batteries, the solar roofs, the cybertruck (which seems to have caught on beyond anyone's expectation), the self driving software, the industrial batteries, the domestic batteries and the utility batteries? Throw in implied insurance on the downside due to Musk's equity in SpaceX. What does all this speculation add up to? A lot less than you would think if someone else patents a break through battery that can scale. What are the chances? No one has a clue. For sure though, right now, it's worth more than a straight up auto company and the market reflects that.
- vgchh 6y agoIt’s not a question so much that Tesla and SpaceX are amazing. It’s just that why does EM have to make stock influencing statements like this. It hurts people financially. Just watch out for that.