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Could be another dotcom era Cisco, which still hasn’t regained it’s peak [1]. Cisco had the biggest market cap in the world for a while. Tesla could be an even
by Gatsky 4y ago
Could be another dotcom era Cisco, which still hasn’t regained it’s peak [1]. Cisco had the biggest market cap in the world for a while. Tesla could be an even worse investment if it ends up being just an overvalued car company. It also has the biggest ‘bus factor’ of any company in SP500 ie. if Musk quits/falls ill the price will likely dive severely.
[1] https://finance.yahoo.com/news/heres-much-investing-1-000-125124063.html https://finance.yahoo.com/news/heres-much-investing-1-000-12...
- dumbotron 4y ago> if Musk quits/falls ill the price will likely dive severely. I could see this going either way. They won't come up with a wild world-changing idea without him, and you might lose some fanboy investors and employees, but a competent manager with auto industry experience would kill/spin off power wall and solar projects, scale back self-driving promises, and fix reliability issues. It'd be a better car company, but a worse dream company.
- sidibe 4y agoLong term that might be better, but it's still priced like a dream company.