this post was submitted on 17 Dec 2023
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Technology

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Five People Founded Tesla, But Only Elon Musk Became Extremely Rich (open.substack.com)
submitted 11 months ago by 4realz@lemmy.world to c/technology@lemmy.world
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[โ€“] TWeaK@lemm.ee 2 points 11 months 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.

[โ€“] nxdefiant@startrek.website 3 points 11 months ago* (last edited 11 months ago)

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