No good reason for Tesla to still have a 1.5t market cap when Toyota sells 10x more cars at 300b, or ford sells twice as much at 50b. The quality sure isn’t better, and I doubt the margin on sales makes up for this.
The only competitive advantage is an egotistical nazi imbecile at the helm, and I only say it’s an advantage simply because they’re still holding value somehow
The market is completely divorced from fundamentals. It’s a casino, and the government bailing out connected companies every downturn has perverted the natural pricing of these stocks.
No good reason for Tesla to still have a 1.5t market cap when Toyota sells 10x more cars at 300b, or ford sells twice as much at 50b. The quality sure isn’t better, and I doubt the margin on sales makes up for this.
The only competitive advantage is an egotistical nazi imbecile at the helm, and I only say it’s an advantage simply because they’re still holding value somehow
The market is completely divorced from fundamentals. It’s a casino, and the government bailing out connected companies every downturn has perverted the natural pricing of these stocks.
I wonder how long that can continue, somethings gotta give with all these straws they keep adding to the struggling camel, one assumes anyway