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Five People Founded Tesla, But Only Elon Musk Became Extremely Rich (open.substack.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 2 points 1 year ago (1 children)

A big part of trading stocks is assessing value independent of the stock price. You want to buy stock when it is undervalued and sell it when it is overvalued. Tesla seems to be in the latter position, IMO.

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

It's definitely overvalued, but that's because it's currently valued as the most valuable automotive company on the planet.