Sunday, December 27, 2020

Ask HN: Are we in tech-stock bubble?

TSLA? No idea.

But I think there's often some hidden game going on with tech companies that go well beyond selling more sugar water and expanding overseas to places that haven't seen sugar water before.

Amazon is the best at this... using one business to launch a second.

So what I'd look for with TSLA is not whether cars can ever justify this price, but whether there is an adjacent business that is actually bigger than cars. Is there? I have no idea.



from Hacker News https://ift.tt/38I7AIO

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