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Agreed - Tesla has been an insanely good investment. I'm not sure about the next 10 years, but people have continuously underestimated them (and Elon Musk). The
by sgt 5mo ago
Agreed - Tesla has been an insanely good investment. I'm not sure about the next 10 years, but people have continuously underestimated them (and Elon Musk). The Norwegian so called Oil Fund owns more than 1% of Tesla.
- RugnirViking 5mo agohas it been an insanely good investment because of changes to profit and loss, or because of other factors? (of course, building a car company of the scale they have is impressive. But by looking at tesla's financials vs stock price, youd conclude basically any other car company ever was a great buy by any reasonable metric)
- Gomotono 5mo agoTesla is not and never has been a good investment. Its a gamble. The current evaluation of Tesla is still higher than real car companies + robot companies + robot taxi companies.
- sgt 5mo agoFair enough I guess, it has been a gamble. But risky investments are still investments that paid off well. Or they can drop like a rock.
- derektank 5mo agoNever is a strong statement. Tesla’s price to sales ratio wasn’t absurd prior to 2020.
- Gomotono 5mo agoIf you want to make sure to be very very specific, yeah for sure Tesla had a timeframe were the ratio was not bonkers.