There are good reasons to conclude that $420 is well above Tesla's intrinsic value. But given investor psychology, and Elon Musk's record, it would be insane to rule out Tesla going private at $420. Until the pool of greater fools dries out, price bubbles can continue to grow; and then they burst.
There are good reasons to conclude that $420 is well above Tesla's intrinsic value. But given investor psychology, and Elon Musk's record, it would be insane to rule out Tesla going private at $420. Until the pool of greater fools dries out, price bubbles can continue to grow; and then they burst.
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