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Tesla can be seen as becoming the Saudi Aramco of the U.S. , an hybrid private-public company propped up by the largest military and economy in the world. Basi
by JumpinJack_Cash 2y ago
Tesla can be seen as becoming the Saudi Aramco of the U.S. , an hybrid private-public company propped up by the largest military and economy in the world.
Basically the argument for investing in ExxonMobil 1985-2015 but on steroids because of the access that the CEO has and the social media narrative building that wasn't there for Exxon to capitalize on back then
- bdangubic 2y agothe problem for Tesla is that if this is what they are they are not getting 30 years, 2026 is as far as that goes :)
- omnimus 2y agoLets hope you wont be surprised. Everybody thought that about Putin in begining too.
- Ekaros 2y agoStill don't explain the price. Aramco seems to have 10-20 P/E ratio (excluding 2020 demand drop in oil). Where as Tesla is at 80 now... I just don't think enough money can be pumped in Tesla to make current valuation sane. Without outright paying for those earnings by in essence gifting money.