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Future Earnings + Current net assets. I have a hard time seeing how future earnings of Tesla even exceeds the liquidation value of Toyota, given the stock has
by xkjkls 6y ago
Future Earnings + Current net assets.
I have a hard time seeing how future earnings of Tesla even exceeds the liquidation value of Toyota, given the stock has never made earnings a year in its life.
- adventured 6y agoYou're contradicting yourself in the skepticism. You recognize the valuation premise is based on expectations of future results, then you nail Tesla for its past results (no history of annual profit) for a supporting argument ("given the stock has never...").
- xkjkls 6y agoYou do realize that when Tesla was valued at $300 in 2017, the projections for its revenue for 2020 were $38 billion and profit of $5 billion? They aren’t even going to reach a light year from that, yet the stock is supposedly now $1000.
- brentonator 6y agoSomebody needs some https://shop.tesla.com/product/tesla-short-shorts https://shop.tesla.com/product/tesla-short-shorts