btw the comment about tesla was simply an example of a company that has reported consistent and significant losses, which has a MC nowhere near zero, because the market is not fixated on the past or current performance, but instead the potential for the future.
Taking old mate's methodology, ebitda of zero x 15 means tesla was worthless for how many years...? yeah, righteo.
What would have happened if we had one less shipment last half? Would old mate have said we are worth zero because there was no ebitda? Of course not, he just wants to paint a gloomy picture. Go figure.
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btw the comment about tesla was simply an example of a company...
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