With AI mania driving unprecedented investment in the tech sector, Wall Street punters are racing to get a piece of the gold rush. Speculation on the NASDAQ is
I would say that Tesla is a good example on a smaller scale: according to the stock market, the company is still worth nearly twice as much as the five largest car manufacturers in the world combined – which has nothing to do with reality.
I would say that Tesla is a good example on a smaller scale: according to the stock market, the company is still worth nearly twice as much as the five largest car manufacturers in the world combined – which has nothing to do with reality.
Because they’re a battery manufacturer with a car division. They also sell batteries and solar tiles for buildings
It doesn’t matter how well their other divisions are doing, their overall financial situation is abysmal.
Their valuation is based on speculation and misplaced hype. They haven’t been an innovative company in a very long time