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"Hype" is a common way for "modern" companies to drive up share price, see TSLA for a good example of that. Greenwashing is another, not as common approach.
by capableweb 3y ago
"Hype" is a common way for "modern" companies to drive up share price, see TSLA for a good example of that. Greenwashing is another, not as common approach.
- lotsofpulp 3y agoLook at Tesla’s net income: https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-income https://www.macrotrends.net/stocks/charts/TSLA/tesla/net-inc... That is not hype, that is cash.
- capableweb 3y agoRight, so you're saying that Tesla is a company that would never do anything to increase the share price, besides trying to increase profits?
- lotsofpulp 3y agoCompanies can do whatever they want, it does not mean it will work. No company’s share price is going to up for years and years because of “hype”. And the hype is for future profits anyway. The point is Tesla earns a lot of money, and has a good, proven trajectory.
- unicornmama 3y agoNet income is not cash.
- lotsofpulp 3y agoClose enough for the purposes of this conversation. Point is, they earn more money than they spend, the gap between those is growing. And they did it in a high barrier to entry business.