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> I think OP would not be the confused one in 6 months time Apologies, but this doesn't make any sense. The OP referred to the current size of Tesla ("mid-size
by wutbrodo 4y ago
> I think OP would not be the confused one in 6 months time
Apologies, but this doesn't make any sense. The OP referred to the current size of Tesla ("mid-size car company"), with no reference to future cash flows, which is what the majority of most stock prices are made up of.
Looking at where tesla will be in six months _is_ looking at the future, which is the exact opposite of what I was remarking on. If the complaint had been "Tesla is overvalued due to irratuonal exuberance that its future revenues are unlikely to deliver on", I wouldn't really have any disagreement.