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You think Tesla will be a $4 trillion market cap company in 4 years? Do you have any idea how crazy that valuation idea is?
by xkjkls 6y ago
You think Tesla will be a $4 trillion market cap company in 4 years? Do you have any idea how crazy that valuation idea is?
- maxharris 6y agoBack in 1999, people made the exact same argument about Amazon. At that time, the people in the video below said that Amazon's market cap meant that they'd have to grow to sell 100% of all books sold in order to justify their $90/share price. https://twitter.com/xiang_aw/status/1278347734055923713 https://twitter.com/xiang_aw/status/1278347734055923713
- xkjkls 6y agoYeah, and Tesla is not Amazon. Not in any way, shape or form. Amazon is a unique success because it is unique. Tesla is a 15 year unprofitable car maker that has never met its projections or expectations on future profit or revenue.