Monday, October 18, 2021

Is Tesla the Biggest Bubble in Stock Market History?


Tesla's market capitalisation is around 840 billion USD currently.

If Tesla's value falls to 140 billion USD, this would mean a loss of value of 700 billion USD.

This would most certainly be the largest loss of value for a single stock in history. Tesla's market capitalisation is simply of extraordinary size.

I estimate that a loss of 700 billion USD in value is not unlikely in the long-term. I judge the probability if that happening at 30 %.

Actually, I think Tesla's intrinsic value is 120 billion USD.

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