By CCN: Kevin Rooke, a financial commentator with a soft spot for bitcoin, tweeted something truly bizarre this week: Tesla appears overvalued if one views it as a car company but undervalued if one views it as a tech company. If you think Tesla is a car company, it appears overvalued. If you think Tesla is a tech company, it appears undervalued. pic.twitter.com/bxlfSAXo9N — Kevin Rooke (@kerooke) May 1, 2019 It doesn’t appear to be an unreasonable thesis at first glance. But delve into it, and you’ll find that it doesn’t matter how one views the Elon Musk-led electric car
The post Insane Tweet Exposes How Elon Musk & Tesla Hypnotize Investors appeared first on CCN
source https://www.ccn.com/insane-tweet-exposes-how-elon-musk-tesla-hypnotize-investors
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