this post was submitted on 21 Nov 2023
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Technology

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submitted 11 months ago by [email protected] to c/[email protected]
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[–] [email protected] 15 points 11 months ago (1 children)

I think anyone who has even the slightest idea of how the market works knows Tesla is grossly overvalued. Obviously it's nowhere near the whole story, but when their market cap is nearly 20× that of Ford's with ½ the revenue, something is fucky

[–] [email protected] 4 points 11 months ago

Irrational exuberance at its finest