Tesla Motors Inc Once Again and "Short-termism"Guest Post
Tesla Once Again and "Short-termism" By Dr. Brad Cornell, California Institute of Technology
To follow up on the previous post, let’s consider Tesla, the other stock that has been consistently discussed here as being overvalued. Before getting to valuation, it is worth noting that Tesla is one example among many that contradict the view that the market is “short-term oriented.” It is surprising how often this evidence is ignored in light of the fact that concern regarding "short-termism" has even spread to presidential candidates. The fact is . . .
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