I just saw a post that said Tesla stock is only worth 1/5 as much as it’s valued as. It doesn’t make sense to me.
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Compared to other auto industry companies the Tesla stock is extremely high, but what people forget is that Tesla is not just an auto industry company. It’s also a data and energy company. It would be comparing apples and oranges.
However most people see that the share price for Tesla is too high for the level of profit they make.
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