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Unlike the dot-com era, Tesla makes real things. The valuation is unimportant as long as there isn’t something else for cash rich people to put their money int
by hindsightbias 6y ago
Unlike the dot-com era, Tesla makes real things.
The valuation is unimportant as long as there isn’t something else for cash rich people to put their money into. Same for BTC or beach property.
- cma 6y ago> Tesla makes real things. Well they redefined what full self driving means, that's for sure.
- Negitivefrags 6y agoAmazon did real things during the dot-com era and that didn't stop it's stock crashing 90%. Tesla is doing real things and is a great company that I'm sure will be profitable and do well in the future. Doesn't mean I don't think that it's stock price is still inflated by 10x right now.