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I think only Toyota, VW, and Tesla have market caps over $50B. I know market cap isn’t everything. But still, Nikola appears far too big. Not sure what these ca
by skinnymuch 6y ago
I think only Toyota, VW, and Tesla have market caps over $50B. I know market cap isn’t everything. But still, Nikola appears far too big. Not sure what these car companies could spend, but even $5B seems too much for an investment. Nikola has to drop 4x at least.
- simonebrunozzi 6y agoThat's a really good point. Forgot to consider that.
- skinnymuch 6y agoOops I didn’t add that I looked that info up. Didn’t know it initially. But yeah the contrast of valuations is wild.