Description: As Tesla shares surged past $300 this week and the company’s market value surpassed Ford’s, even its founder, Elon Musk, acknowledged on Twitter that the company was “absurdly overvalued if based on the past.”
Source: NYTimes.com
Date: Apr 06, 2017
Link: https://www.nytimes.com/2017/04/06/business/tesla-story-stocks.html?_r=0
Questions for discussion:
- What is the basis of Tesla’s valuation today?
- Do you think Tesla will dominate its industry?
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