A while ago I’ve written an essay about What People Don’t Understand About Tesla. This piece is a continuation of this exploration. Tesla is currently valued at 10x Price-to-Sales, and Trailing Twelve Months Price-to-Earnings of 743. This makes Tesla grossly overvalued, right? In the short term, definitely yes. But is there a way this valuation…
Tag: Software
12 Takeaways From Charlie Munger At The 2020 Daily Journal Annual Meeting
Charlie Munger, business partner of Warren Buffett, recently spoke at the 2020 Daily Journal Annual Meeting. You can watch the full recording here. It turned out to be a great one, full of wisdom and juicy punches. A 96 year-old with a sharp mind and snappy tongue! Takeaways: #1: Take the high road, because it’s…
What People Don't Understand About Tesla
Note: This is not investment advice. At heart, I’m a value investor, and Tesla is no value investment. I view it as a binary venture-type bet. I am a shareholder. This is part 1 of my exploration of Tesla. Read part 2 here. I believe that Tesla is one of the most misunderstood (and most…