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Just by having a high valuation Tesla can raise money through equity or debt sales more easily than the competition so Tesla can turn on a dime without being ca
by rm_-rf_slash 6y ago
Just by having a high valuation Tesla can raise money through equity or debt sales more easily than the competition so Tesla can turn on a dime without being cash crunched.
Kind of a self-fulfilling prophecy for any company that ramps up a stock price like that and doesn’t have a CFO asleep at the wheel.