Tesla 2020
- Thread starter nursebee
- Start date
Is that including today's $100 premarket gains???
This is getting insane. How anyone can think this is sustainable is completely idiotic.
A car company adding more value in a week than foord, gm and fiat Chrysler combined in the last year...something is very very very very wrong here.
1,835.64 USD+184.93 (11.20%)
Closed: Aug 18, 6:39 AM EDT ·
Pre-market 1,939.00 +103.36 (5.63%)
It's not your typical valuation story, it's a shift in paradigm, new age technology with emphasis on saving lives and energy...
It's just the latest fad/meme stock
Ohhhh got ya, so basically you can place any stratospheric valuation you please.
You can not use the the valuation models that are used for old school car companies, you have to use PVGR, present value of growth rate to value tesla, what is the present value of 200 percent growth in 10 years per year?
From CNBC:
Taking the total S&P market value to be $27.8 trillion, this would give Tesla a 0.8% weighting if it were to join the index. This means that funds tracking the index would need to buy roughly $30 billion worth of Tesla stock.
Not to mention active managers that track the index, as well as individual investors who favor portfolios tied to the S&P 500.