I admire Tesla and @elonmusk, but this is the billionth example of why stock market valuations don't reflect reality.
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Et tu, Walt?
47 replies 89 retweets 849 likes -
Replying to @elonmusk @waltmossberg and
Nokia was also shipping more phones than Apple at one point..
2 replies 16 retweets 172 likes -
Replying to @ForIn2020 @elonmusk and
Stock price reflects the future (potential) of the company, not the present... #101
5 replies 30 retweets 216 likes -
Replying to @ForIn2020 @waltmossberg and
Exactly. Tesla is absurdly overvalued if based on the past, but that's irrelevant. A stock price represents risk-adjusted future cash flows.
156 replies 568 retweets 1,667 likes
Replying to @elonmusk
.@elonmusk @ForIn2020 @waltmossberg @mims @defcon_5 Walt, obviously, is not into #cryptocurrency. https://coinmarketcap.com $TSLA $DASH $BTC
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