themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · edit-22 months agoNorway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay packagewww.cnbc.comexternal-linkmessage-square71fedilinkarrow-up1638arrow-down17file-text
arrow-up1631arrow-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 · edit-22 months agomessage-square71fedilinkfile-text
minus-squareFreedomAdvocate@lemmy.net.aulinkfedilinkEnglisharrow-up1arrow-down2·1 month agoIt doesn’t have to be reasonable, it just has to be what the stock market values it at. That’s how valuations work.
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.aulinkfedilinkEnglisharrow-up1arrow-down3·1 month agoIt’s worth what someone will pay for it. The stock market is entirely speculative. Tesla is valued correctly.
It doesn’t have to be reasonable, it just has to be what the stock market values it at. That’s how valuations work.
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.