themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 2 months agoNorway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay packagewww.cnbc.comexternal-linkmessage-square71linkfedilinkarrow-up1639arrow-down17file-text
arrow-up1632arrow-down1external-linkNorway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay packagewww.cnbc.comthemachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 2 months agomessage-square71linkfedilinkfile-text
minus-squaremcv@lemmy.ziplinkfedilinkEnglisharrow-up1arrow-down1·1 month agoAre your unaware that you are arguing towards a tautology? “It’s not overvalued because this is what it’s valued”. That’s meaningless. If the assets, profits and projected growth do not justify the current valuation, it’s overvalued. That’s the case for Tesla.
minus-squareFreedomAdvocate@lemmy.net.auBanned from communitylinkfedilinkEnglisharrow-up1arrow-down3·1 month agoIt’s worth what someone will pay for it. The stock market is entirely speculative. Tesla is valued correctly.
Are your unaware that you are arguing towards a tautology? “It’s not overvalued because this is what it’s valued”. That’s meaningless.
If the assets, profits and projected growth do not justify the current valuation, it’s overvalued. That’s the case for Tesla.
It’s worth what someone will pay for it. The stock market is entirely speculative. Tesla is valued correctly.