- Joined
- Dec 9, 2011
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Tesla stocks fell on disappointing 4th quarter reports this week . Tesla have never been profitable over a year since being taken public over 8 years ago, however stock prices have risen over 2000%. The manufacturer has been ranked 3rd worst for reliability, has $10b in debit, and has received the majority of its cash flow through investment. Most of the perceived value of the stock appears to be on the potential that the company rather than how it actually performs.
BitCoin appears to be a forerunner of this, in that the product itself is currently of limited application and performance. Both products appear to be valued on what they could be worth rather than their intrinsic value. Can we expect Tesla to take a shit soon as well?
BitCoin appears to be a forerunner of this, in that the product itself is currently of limited application and performance. Both products appear to be valued on what they could be worth rather than their intrinsic value. Can we expect Tesla to take a shit soon as well?