Re:Tesla Passes Ford by Market Value
by stcredzero on Monday April 03, 2017 @12:22PM
(#14024136)
Investors and fans say "but, but my stock isn't overvalued! Mine is the exception, its everyone else who is in the bubble!"
It was true if you held Google stock.
Re:Tesla Passes Ford by Market Value
by drzaiusapelord on Monday April 03, 2017 @12:27PM
(#14024181)
Google had a search monopoly. It trounced all competition trivially. I remember Google absolutely dominating the market and everyone shifting away from hotbot, yahoo, etc within a year or so. Anyone can, and does, make an electric car now and ones that don't cost $90,000. These aren't remotely comparable scenarios.
Re:Tesla Passes Ford by Market Value
by stcredzero on Monday April 03, 2017 @12:48PM
(#14024446)
Lots of people made search engines back then.
Re:Tesla Passes Ford by Market Value
by Lambdanaut on Monday April 03, 2017 @12:47PM
(#14024434)
You've got impressive hindsight.
There's no sane scenario where a car company that sells cars in the tens of thousands over-values a car company that sells cars in the millions.