"It depends on how you value the companies"
Yep.Piper Jaffray stock analyst, Alexander Potter, whose research note caused Telsa to "leapfrog" GM as the "most valuable car maker in the US" suggested ... “before investors can follow our advice and buy TSLA shares, they need to employ a ‘creative’ valuation methodology…”
http://investmentresearchdynamics.com/piper-jaffray-tesla-and-creative-analysis/
I sometimes wonder if some of our Australian analysts use this "methodology"
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- Wall St Journal: Tesla value now higher than GM
Wall St Journal: Tesla value now higher than GM, page-4
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