this post was submitted on 04 Nov 2025
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[–] FreedomAdvocate@lemmy.net.au -1 points 1 week ago (1 children)

They’re valued at whatever people will pay for them.

[–] mcv@lemmy.zip 0 points 1 week ago (1 children)

That doesn't mean that value is reasonable, though. The stockmarket has a rich history of hysteria and irrationality.

[–] FreedomAdvocate@lemmy.net.au -1 points 6 days ago (1 children)

It doesn’t have to be reasonable, it just has to be what the stock market values it at. That’s how valuations work.

[–] mcv@lemmy.zip 0 points 5 days ago (1 children)

Are your unaware that you are arguing towards a tautology? "It's not overvalued because this is what it's valued". That's meaningless.

If the assets, profits and projected growth do not justify the current valuation, it's overvalued. That's the case for Tesla.