You are viewing a single comment's thread from:
RE: Tesla Crosses $100 Billion In Marketcap
Impossible to validate the marketcap based upon fundamentals. In this instance, it makes no sense.
Markets will do what markets do and someone will get stuck holding the bag.
Posted via Steemleo
Lol...so true, but there is no way Tesla should have a market cap 2nd to Toyota in the auto industry. Their sales don't justify the valuation. Stock is only up this much because the short sellers are getting squeezed.
Posted via Steemleo