Wall Street always pays a premium to a company that changes the way we do things.
Amazon: changes the way we do shopping. PE > 100
Netflix: changes the way we watch TV. PE > 300
Apple (back in 2002): change the music industry. PE was around 100
Could Tesla be like these 3 companies?
If so, it could go beyond $1000.
Amazon: changes the way we do shopping. PE > 100
Netflix: changes the way we watch TV. PE > 300
Apple (back in 2002): change the music industry. PE was around 100
Could Tesla be like these 3 companies?
If so, it could go beyond $1000.
Kommentar:
And... Oh boy, we up $100 since this post.. Tesla is just on fire..
Let me tell you,
1. Old school valuation does not work for Tesla unfortunately.
2. With these many people feeling bearish on Tesla, this is NOT euphoria...