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Tuesday, May 28, 2013

Tesla Market Craziness

Tesla's stock drive through $100/share this morning, giving the company a market value of around $11 billion.  That is more than Fiat/Chrysler ($8b) and almost as much as Porsche ($12b)!

That's nuts.  This is speculation, I think. 

1 comment:

Ted said...

Considereing that the ONLY reason they are showing a profit is because they well able to sell thier "Energy Credits" before they expired, means that real business they are in is being " Politically Correct" Not the best basis for a solid business model --- but a good way to crreate a bubble for someone's benefit.