Tesla Motors Inc Once Again and "Short-termism"

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 that all Tesla offers in the short-term are small profits or losses.  Nothing that can…