themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 22 days agoNorway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay packagewww.cnbc.comexternal-linkmessage-square35linkfedilinkarrow-up12arrow-down10file-text
arrow-up12arrow-down1external-linkNorway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay packagewww.cnbc.comthemachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 22 days agomessage-square35linkfedilinkfile-text
minus-squaremcv@lemmy.ziplinkfedilinkEnglisharrow-up1arrow-down1·4 days agoAre your unaware that you are arguing towards a tautology? “It’s not overvalued because this is what it’s valued”. That’s meaningless. If the assets, profits and projected growth do not justify the current valuation, it’s overvalued. That’s the case for Tesla.
minus-squareFreedomAdvocate@lemmy.net.auBanned from communitylinkfedilinkEnglisharrow-up1arrow-down3·4 days agoIt’s worth what someone will pay for it. The stock market is entirely speculative. Tesla is valued correctly.
Are your unaware that you are arguing towards a tautology? “It’s not overvalued because this is what it’s valued”. That’s meaningless.
If the assets, profits and projected growth do not justify the current valuation, it’s overvalued. That’s the case for Tesla.
It’s worth what someone will pay for it. The stock market is entirely speculative. Tesla is valued correctly.