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by xoxoy 2080 days ago
lol at “small”

Tesla has 10x’d from a year and now at a $420B valuation. That makes it one of the largest companies in the world (I believe top 15)

All the companies that fit in this category like Carvana, Wayfair, Overstock etc are now at $10B-$30B valuations.

Point is these are not small by any means.
2 comments
d23 2080 days ago
Why would you use the market cap as a measure for large when we're discussing overvaluation? It seems like more fundamental measures (revenue, earnings, market share) would be more appropriate.
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xoxoy 2080 days ago
what does that have to do with my response?
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nabla9 2080 days ago
Company size is measured in revenue, not valuation.

Tesla is not small anymore by revenue but it's not in top 100 US companies either.

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xoxoy 2080 days ago
not sure what that has to do with my response. the claim was that “small” companies can multiply their valuation more easily.
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