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A comment on Uber loses $2.9B, offloads bike and scooter business. Parent comment

Re:Uber loses $2.9B, offloads bike and scooter business by meritt on Friday May 08, 2020 @05:32PM (#23119734)
> I've been staying away from Uber stock because they have a market cap of 50B

Not defending Uber here in the slightest, but given your post history on Tesla, I find it amusing you think Uber's market cap is egregious

[ Parent | on HN ]
Re:Uber loses $2.9B, offloads bike and scooter business by jlbnjmn on Saturday May 09, 2020 @12:13AM (#23122254)
Why is it amusing?

Not the commenter you responded to, but am bullish on Tesla and bearish on Uber.

I don't see the parallels between Uber, a taxi broker, and Tesla, a vertically integrated energy and automotive company.

What is your perspective? Why is Uber worth $50B and Tesla overvalued?

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Re:Uber loses $2.9B, offloads bike and scooter business by meritt on Saturday May 09, 2020 @12:54AM (#23122414)
> Why is it amusing?

Because Uber's market cap is indeed egregious, but not nearly as inflated as Tesla. So it's amusing when people like yourself rationally find issue with Uber, but cannot find any flaw in the valuation of Tesla.

[ Parent | on HN ]