4realz@lemmy.world to Technology@lemmy.worldEnglish · 11 months agoFive People Founded Tesla, But Only Elon Musk Became Extremely Richopen.substack.comexternal-linkmessage-square108fedilinkarrow-up1436arrow-down1125
arrow-up1311arrow-down1external-linkFive People Founded Tesla, But Only Elon Musk Became Extremely Richopen.substack.com4realz@lemmy.world to Technology@lemmy.worldEnglish · 11 months agomessage-square108fedilink
minus-squareTWeaK@lemm.eelinkfedilinkEnglisharrow-up3arrow-down1·11 months agoA big part of trading stocks is assessing value independent of the stock price. You want to buy stock when it is undervalued and sell it when it is overvalued. Tesla seems to be in the latter position, IMO.
minus-squarenxdefiant@startrek.websitelinkfedilinkEnglisharrow-up3·edit-211 months agoIt’s definitely overvalued, but that’s because it’s currently valued as the most valuable automotive company on the planet.
A big part of trading stocks is assessing value independent of the stock price. You want to buy stock when it is undervalued and sell it when it is overvalued. Tesla seems to be in the latter position, IMO.
It’s definitely overvalued, but that’s because it’s currently valued as the most valuable automotive company on the planet.