4 ms·
American companies value is absolutely fake. There is no way on earth Tesla is worth more than VW or Mercedes.
by jacooper 4y ago
American companies value is absolutely fake.
There is no way on earth Tesla is worth more than VW or Mercedes.
- KoftaBob 4y agoCompany value is dictated by what buyers/sellers of the stock say it is. When you especially consider that part of a company’s stock value comes from what people think their future potential is, it’s much more open ended than a simple formula. So it doesn’t make sense to say a company’s value is “fake”, what you’re actually saying is that you highly disagree with what the market thinks the value is. You not agreeing with the value doesn’t make the value invalid.
- lancesells 4y agoThat's the entire stock market. It's what you're willing to pay for a "piece" of a company.