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by ctchocula
76 days ago
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Tesla IPO'd at 1.7B and is worth 1.4T today. Giving you the benefit of doubt since it would be closer to a 1000x gain rather than the 100x gain that you didn't buy right at IPO, I will point out that there's a world's difference buying in at 1.7B, because there's still room for the stock to 1000x, but there's not much gain to be had buying in at 1.7T valuation. Even the most highly company in the world Nvidia is less than 3x that valuation, so it's not a good comparison with Tesla's IPO. |
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