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Telsa's valuation has always been nuts, right from it's 1.3 billion IPO. http://blogs.wsj.com/venturecapital/2010/06/28/tesla-motors-valued-at-133-billion-ahead-of-tuesdays-ipo/Since Tesla's IPO, it's sold just a few cars and GM's sold ~100million cars. Rational minds (like mine & yours) missed a 23 bagger in Tesla ($10,000 grows to $230,000 while GM is -23% since they came out of government control 5 yrs ago.
Telsa's valuation has always been nuts, right from it's 1.3 billion IPO. http://blogs.wsj.com/venturecapital/2010/06/28/tesla-motors-valued-at-133-billion-ahead-of-tuesdays-ipo/
Since Tesla's IPO, it's sold just a few cars and GM's sold ~100million cars. Rational minds (like mine & yours) missed a 23 bagger in Tesla ($10,000 grows to $230,000 while GM is -23% since they came out of government control 5 yrs ago.
