Re:Amazon is reportedly negotiating to acquire MGM for about...
by ebiester on Tuesday May 18, 2021 @02:55PM
(#27199349)
Amazon shares, relative to revenue, were absurdly overvalued for over a decade.
Then they weren't.
The argument for Tesla, much like Uber, is that they are going to figure out the rest. It's really almost a faith based investment, either way.
That being said, it does seem like equity markets are in a bubble. Tesla at least is absurdly overvalued. If i had signifcant stake in TSLA I would be getting out asap and let someone else hold on to shares that are probably 300% overvalued.