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by pmart123
1998 days ago
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Not quite. Growth and incremental returns on invested capital could greatly influence where a stock should trade. The market could be assuming Tesla doesn't have to expand factory capacity much after Germany or the margins on vehicles will go up as more customers purchase the self-driving option. Sometimes it's usual to assume a question to be true such as "what if every Tesla buyer bought the 'self-driving' package? next year and Tesla sold 30% more cars?" If Tesla is still trading at 100x cash flow in this unrealistic scenario? |
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