Comment on Five People Founded Tesla, But Only Elon Musk Became Extremely Rich
AnonStoleMyPants@sopuli.xyz 6 months agoWeird that people argue about this. If the value of a company is being talked about, then stocks is what people generally refer to. Now, if you’d specify and talk about some other value, then sure, but if only “value” is being mentioned I see no reason to think it would mean something else than stocks.
TigrisMorte@kbin.social 6 months ago
stocks are unstable and they only provide actual value when sold. Thus, for some, it is at best an imprecise measure. Thus People don't like it and some simply refute the valuation. The fact that it remains the only viable source for valuation is not relevant to them.
Just a different PoV (world view as to what is valuable in life) which is not catered to by the available data.
TWeaK@lemm.ee 6 months ago
A big part of trading stocks is assessing value independent of the stock price. You want to buy stock when it is undervalued and sell it when it is overvalued. Tesla seems to be in the latter position, IMO.
nxdefiant@startrek.website 6 months ago
It’s definitely overvalued, but that’s because it’s currently valued as the biggest automotive company on the planet.