Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

ProfessorGAC

(77,277 posts)

5. No Argument Here

Reply to Spider Jerusalem (Reply #3)

Sun Apr 24, 2022, 06:20 PM

Apr 2022

Tesla is on the Mount Rushmore of overvalued. They didn't even turn a profit for the first time until 2 years ago. And that profit was around 4% of revenues.
If investors are betting on potential, they're on a curve to reach the potential in 2045.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

5 replies

= new reply since forum marked as read

Highlight:

Twitter Re-Examines Elon Musk's Bid, May Be More Receptive to a Deal (1 hr ago, WSJ) [View all] hlthe2b Apr 2022 OP

My take is TWTR is in trouble either way, from competition bucolic_frolic Apr 2022 #1

Why? ProfessorGAC Apr 2022 #2

Tesla's market cap is over 50x revenue and 400x net income, speaking of overvalued Spider Jerusalem Apr 2022 #3

There is a guy running for the California senate and his goal is to go after Musk kimbutgar Apr 2022 #4

No Argument Here ProfessorGAC Apr 2022 #5