> Turns out you can sustainably push up company valuation on vapourware. It is very nearly standard practice in startupland to describe a yet-to-be-developed p

> Turns out you can sustainably push up company valuation on vapourware. It is very nearly standard practice in startupland to describe a yet-to-be-developed product in the present tense prior to/during development. Strictly speaking, it’s lying/fraud, but it is so pervasive and widespread as to be expected and could rightly be called standard industry practice. This is in no way a Tesla-specific thing.