Re:Why in the world would you own bonds?
by partiallypro on Wednesday March 17, 2021 @12:16PM
(#26493211)
Valuations simply don't matter right now, Tesla is bigger than every car company combined and makes less than virtually all of them. I don't get it, but that's how it is. There is no end in sight, if there were a moment to burst any bubble it would have been last March...and it didn't.
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Re:Why in the world would you own bonds?
by azinman2 on Wednesday March 17, 2021 @01:30PM
(#26494338)
That’s because it’s about future earning potential for “growth stocks”, not current reality. The other car makers have reached a kind of equilibrium, while Tesla keeps putting out new products in a class they essentially invented.
That said, I also don’t own Tesla because I think it’s crazy overvalued.
Re:Why in the world would you own bonds?
by partiallypro on Thursday March 18, 2021 @10:21PM
(#26509643)
That's why F/PE exists, even on that basis the current market doesn't make sense and valuation doesn't matter. Frankly, I think when/if SpaceX goes public, Tesla will start going down and people will plow into SpaceX (which IMO has more of a strong future and also what people investing in Tesla now are kind of thinking they have a part of)