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A comment on Tesla races past $100B in market valuation. Parent comment

Re:Tesla races past $100B in market valuation by zamfi on Wednesday January 22, 2020 @12:24PM (#22119682)
Revenue isn't earnings.

A $100B market cap for a fast-growing company with ~$0 profit is definitely not "on the cheap side".

But I agree that a $100B market cap for a company with ~$13B in profit is quite pessimistic. VW's future is cloudy.

[ Parent | on HN ]
Re:Tesla races past $100B in market valuation by bryanlarsen on Wednesday January 22, 2020 @12:31PM (#22119795)
As Amazon demonstrated quite convincingly, profit is not an appropriate number to value fast growing companies by.

Tesla may or may not be another Amazon, but revenue is the best heuristic we have for any company investing so much into growth. It's not a great heuristic, but it's the best we have.

[ Parent | on HN ]