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.
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.