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I always felt that their share price was overvalued. Auto makers should be judged on how many cars they sell not futuristic visions of robot taxis or FSD.
by Yeul 2y ago
I always felt that their share price was overvalued. Auto makers should be judged on how many cars they sell not futuristic visions of robot taxis or FSD.
- solumunus 2y agoThe market is free to value companies however it chooses. “Should” doesn’t come into it.
- ripe 2y agoThe "market" consists of human investors, who get taken in by liars all the time. Sometimes the herd stampedes for years and years.
- deleted 2y ago[deleted]
- icedchai 2y agoIf Tesla was valued like Ford or GM the stock would be closer to single digits.