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As an owner who experiences the “joy” of dealing with a tesla on a daily basis it’s simple: Tesla is over-valued. There’s so many little gotchas and shortcuts t
by sockaddr 4y ago
As an owner who experiences the “joy” of dealing with a tesla on a daily basis it’s simple: Tesla is over-valued. There’s so many little gotchas and shortcuts taken that I find it impossible to believe this company is worth what people claim it is on paper. The theoretical wealth of this company stems from consumer/investor ignorance in my opinion. That’s why he hasn’t acquired more of his competitors, the value can’t be realized, it needs to stay bottled up as “potential” for lack of better words.
- glitchc 4y agoUmm that's not how mergers and takeovers work. He bought Twitter on a bully offer, half of which was paid with Tesla stock. If anything, this is the best way to convert overhyped stock into real value.
- isomorphic 4y agoReal value to the people that sold Twitter, certainly.