Re:The stock market and economy have parted ways
by rileymat2 on Monday July 13, 2020 @04:56PM
(#23825470)
It is hardly a lottery ticket, the TSLA market cap is already larger than Toyota, GM and Ford combined. It is unclear to me how much room for growth there is.
Not sure how accurate it is, but the rest of the industry is only worth 773 billion combined. Which means if you invest now at a market cap of 277b, you can only 3x your money on that lottery ticket.
Found this: https://docs.google.com/spreadsheets/u/1/d/1HflVng6sYIb6Gs4p...
Not sure how accurate it is, but the rest of the industry is only worth 773 billion combined. Which means if you invest now at a market cap of 277b, you can only 3x your money on that lottery ticket.