The market cap is greater than all three F+GM+Chrysler/Dodge Big Three combined (Chrysler is private but the Fiat division trades public). Musk Co makes <1% of # cars produced by all the Big Three.
At this price, all future production is discounted for a century... but it can still get higher... expect one more insane vertical push to >1K IMO, they will BTFD LOL.
It is just about exactly 100 times fair valuation around $800... should be $8. Irrational exuberance knows no bounds... shorts are now out over 5B on this madness. Ty Lucy!
LucyF2492
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@DaddySawbucks, Trends are greater than fundamental analysis. I know that market can remain irrational longer than I can stay solvent so I would never short this, but I will sell it. :) Hope you're doing well and happy trading to you!
DaddySawbucks
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@LucyF2492, Yes, but fundamentals will prevail over long term. When this market finally cracks TSLA will be the perfect short... back to $8.
Heartbreak to short too soon.
I'm doing okay had been better to bet with MOMO, lol, ty for supportive comment! GL 2U2!
jimicze
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Same for me
LucyF2492
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@jimicze, yep!! Peep that curve! Dangerous territory
At this price, all future production is discounted for a century... but it can still get higher... expect one more insane vertical push to >1K IMO, they will BTFD LOL.
It is just about exactly 100 times fair valuation around $800... should be $8. Irrational exuberance knows no bounds... shorts are now out over 5B on this madness. Ty Lucy!