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RE: Are Tesla Shares Overvalued?
Good post @andrarchy! After having recently heard about Steem I'd definitely buy this over the bigger names out there - especially Tesla. Just read this article over at BI (http://www.businessinsider.com/wall-street-is-wrong-about-ford-stock-price-2017-5) and it's amazing the comparison b/w Ford vs Tesla. Tesla is a disruptive technology but is it sustainable, compared to a heavy-weight like Ford...and WallStreet looking for quick profits in this up-down economy is starting to make some erroneous oversights. Let's see how that turns out but I gotta learn more about blockchain now!
Welcome to Team Steem! ;) No businesses last forever and Ford is living on borrowed time. They won't survive the next technological revolution. Tesla is better positioned for that and I think in 10-20 years it could be a trillion dollar company. That's what I look for, companies I believe could become a trillion dollar company. Even if the odds aren't especially high. Great comment! Thanks for reading! Welcome to Steemit!!!
I like your viewpoint! Yep, all these older stalwarts look like they might just "maintain" the lower end of the market with the boom growth coming with new-age tech (about friggin' time personally! I mean flying cars anyone?)...looking forward to your future pieces - especially looking towards this new blockchain environment (I'd honestly thought it was strictly for programmers when bitcoin first came out), hope to get involved this time around!
Yep, got to bet on the "coulds" and "mights", that's where the biggest potential ROI lies. Love it!