themachinestops@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · edit-218 days agoNorway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay packagewww.cnbc.comexternal-linkmessage-square70linkfedilinkarrow-up1636arrow-down17file-text
arrow-up1629arrow-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-218 days agomessage-square70linkfedilinkfile-text
minus-squareFreedomAdvocate@lemmy.net.aulinkfedilinkEnglisharrow-up1arrow-down1·16 hours 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-up1·5 hours 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.
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.