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birb_cromble  6d ago (text post)   933 thread views

Weekly Finance Thread (without clever alliteration)

A weekly thread to discuss financial matters - from personal all the way up to global.

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Well, that's a rather quick turn from "it's a simple matter of doing some calculations with revenue and margins in your excel" to fanciful tales from the land of make-believe. If the result of your formula doesn't match the price after you've plugged in actual revenues, why even bring it up? Why is the valuation based on a fantasy scenario where all the other manufacturers are expected to fall off a cliff more correct, than one where Tesla is expected to fall off a cliff?

I don’t own tesla shares. And this is still correct finance theory. As someone who though does own a Tesla I would never own a legacy automaker car again. Maybe Tesla is too high on cash flow present value but I have no problem considering legacy autos obsolete and long term zeroing them. Tesla and legacy autos feel like completely different industries and shouldn’t be compared.

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