Yes, and they still do
replyTesla's highest market cap in 2010 was $3.3B. Tesla has more net income, sometimes multiples more, per year, from 2021 to 2025.
replyFor comparison, it is routine to see sale prices of 3x to 5x revenue for many, many kinds of everyday businesses that have much less potential than Tesla.
There are very, very few businesses whose shares one could have purchased in 2010 that performed better over the subsequent 15 years. That is about as objective as one can get about determining whether or not something was under or over valued (in 2010).
because not only the shareholders overpaid but the car buyers too.
replyIs musk derangement syndrome a thing?
replyYes, and it makes much less sense to me. It boils down to he's rich on paper, and doesn't put on a fake PR mask.
replyOnce you see it, it's preety funny how these people pick weird little hills to die on.
replyNo.
reply