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"getting rid of Musk, would mean that the stock craters 90% at least." Come on, that's a absurd statement.
by SirFatty 2y ago
"getting rid of Musk, would mean that the stock craters 90% at least."
Come on, that's a absurd statement.
- TheAlchemist 2y agoIs it ? Can you argue a bit here ? From my perspective, Tesla is at >100 P/E ratio based on last year. Next year they will probably be loosing money given how sales are cratering everywhere. Some people see it as a software company - in reality it's a carmaker, employing >100k people. These people will have nothing to do next year for half of their time. Tesla fans themselves say that it's not longer a car company - it's AI / Robots company. Does this view will still stand without Elon ?
- SirFatty 2y agoSure... no question it would go down. 90%? He isn't that important. I'll pull my own prediction out of thin air: Maybe the stock value will actually increase.
- TheAlchemist 2y agoI'm really curious why you say he isn't that important. Could you elaborate, how you view the following Tesla business with / without Musk ? Car sales Robotaxi Optimus Energy
- kibibu 2y agoIsn't optimus an nVidia thing?
- rurp 2y agoWhy? The company is insanely overvalued based on its fundamentals. Elon's hardcore investor fans are the only reason the stock is worth anything near what it is.
- rozap 2y agoIf you value it like General Motors, the share price should be around $20. If you value it like a "tech company" with the margins that entails, it should be around $60. If it craters 90% from its high around ~$400+, that puts it between those two numbers. Its primary product is stock, and most of that comes from Musk's ability to just say things that aren't true and have people believe him. Without him, you need to value it more like a regular company.