Re:Tech bubbles are bursting all over the place
by bink on Friday May 13, 2022 @01:55PM
(#31370611)
All of those things can be true and Tesla's stock can also be over-valued. A rapidly growing and popular company doesn't justify any arbitrary valuation.
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Re:Tech bubbles are bursting all over the place
by freeflight on Friday May 13, 2022 @03:06PM
(#31371400)
Indeed, which also begs the question; How much of that growth is driven by the over-valuation?
Particularly as Musk is no stranger to using creative accounting techniques, and sheer speculation, to make his companies suddenly look more profitable [0]
There's also him leveraging his other companies to create growth among each other. Like Starlink being a major customer for SpaceX.
Which could either be really smart, or the making of a really impressive house of cards.
[0] https://www.cnbc.com/2021/04/26/teslas-bitcoin-speculation-h...