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So what? It's still a business and it is tiny compared to the big players. Tesla is only a slightly better value than crypto given how insanely overvalued the
by MisterBastahrd 4y ago
So what?
It's still a business and it is tiny compared to the big players. Tesla is only a slightly better value than crypto given how insanely overvalued the stock is. If the company had an $80B market cap, it would still be vastly overvalued.
- mensetmanusman 4y agoTiny compared to ICE sales which will soon be regulated out of existence in many countries in the coming decades.
- ckw 4y agoIf Tesla had a market cap of $80B it would be trading at 6.06 times Q1 earnings annualized. Having grown revenue 81% and gross profit 147% in the prior year… It’s currently undervalued at 10x that price. Re being small: its operating income was greater than Toyota in Q1, and it has two new factories that are yet to ramp production.