The $1.75T valuation has been widely reported on with many calling it inflated at nearly 100 times revenue. I believe that investors who are prepared to look beyond these basic valuation metrics and do the hard work to understand the company and its many emerging revenue and profit streams can model the growth to a long term valuation we'll in excess of the IPO valuation. In short, I don't think there is a trade here, this one is a long term hold. $SPCX
The $1.75T valuation has been widely reported on with many calling it inflated at nearly 100 times revenue. I believe that investors who are prepared to look beyond these basic valuation metrics and do the hard work to understand the company and its many emerging revenue and profit streams can model the growth to a long term valuation we'll in excess of the IPO valuation. In short, I don't think there is a trade here, this one is a long term hold. $SPCX
I'll be interested to see if this is reported anywhere else, perhaps with a copy of the email. It seems a little hard to believe for a company growing so quickly.
Tesla Will Cut About 10% of Its Employees and Suspend Global Recruitment
According to the company's internal e-mail, Tesla CEO musk said that the company needs to cut about