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General media, news, etc. gets this wrong all the time, see any commentary on inflation, GDP growth, rate of change in house prices, etc.
by OJFord 8mo ago
General media, news, etc. gets this wrong all the time, see any commentary on inflation, GDP growth, rate of change in house prices, etc.
- abustamam 8mo agoAs an aside, I remember some time ago that Tesla stock went down because the growth of the Model 3 sales went down... After years of being one of the best selling cars on the planet. If number don't go up fast I guess people get scared.
- lambertsimnel 8mo agoIt could have been that so much future growth was priced in that a reduction in the growth rate could have justified a reduction in the share price
- abustamam 8mo agoI didn't think of that! That's certainly possible.
- gloryjulio 8mo agoThe issue is the company's valuation has priced in ridiculous growth in the future. The trajectory matters here. Not saying you should short the stock