• EnderMB@lemmy.world
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    10 months ago

    If a successful exit is the play, surely there’s no better reason to push an external candidate to take over? It’s an immediate exit at a high price, or an opportunity to offload stock on a positive note instead. This assumes someone comes in with the sole intention of selling to a company like Ford.

    While I don’t disagree about Tesla’s valuation, people have been saying this for years and years now. When will it be true?

    • SuddenDownpour@sh.itjust.works
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      10 months ago

      This assumes someone comes in with the sole intention of selling to a company like Ford.

      This is impossible unless Tesla’s stock crashes to reality back from fairy land. It’s the average upper class gambler who is over valuing it, not other companies keenly aware that developing their own electric cars is much cheaper.