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Tesla is currently valued at over 20x Ford even though Ford did 13x Tesla's revenue last year. That stock should have dropped through the floor a long time ago
by MisterBastahrd 4y ago
Tesla is currently valued at over 20x Ford even though Ford did 13x Tesla's revenue last year. That stock should have dropped through the floor a long time ago.
- tricky777 4y agoIt is because (some) people believe/have faith in Musk. To some, he is a icon/leader to follow blindly. They trust him a lot. Which is because, his work/impact as ceo is visible on company and industry levels. contrast that with mba shortsighted ceos and/or ceos who sit on their assess waiting for golden parachute to deploy (thats the sentiment, irrelevant if unfounded). Charisma and beeing somewhat casual/releatable person on tv also helps.