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Tesla Falls After Anticipated S&P Inclusion Fails to Materialize
- morpheos137 6y agoTesla makes far less money than Ford but has a far larger market cap. What competitive advantage does Telsa have over Ford to justify the market cap?
- jdashg 6y agoHaha, speculative market cap machine goes "brrrrrr". The red pill here is that people think they'll be able to sell non-dividend stocks, e.g. TSLA, to yet-greater-fools (at fundamental price of "it's worth what people are willing to pay"), at better ROI than Ford's more traditional growth+dividends. Do people believe Tesla might start paying a dividend? Not that you can do much about it! It's worth what people are willing to pay!