Ev investment with vary high potential

The Value Investor : You don’t understand how valuation works. You can’t have a company (for example) that makes $3M a year over the next 5 years valued at $30B. As an investor you invest in the cash the company can generate, because at the end of the day your share of the business, is a share of their bank account. If you buy a company for 30B and it won’t make any money, or only make a small amount of money, you just wasted 30B dollars. Unfortunately people look at share prices, they don’t really think about the market cap. If I say you wasted 30B dollars for a 3M return. You would think that sounds bad. If I say you spent a $100 you wouldn’t really care. This is a fallacy, even though you spend ‘X’ dollars per share, you are really paying 30b, what the company is worth altogether.
Nosebleed evaluations like this are because people don’t realize this. Aside from people who are ignorant AKA retail, and then non-investors trying to make a quick buck( day/swing traders ) no one is buying this stock, it will drop. Why? Because if I could take $30B, and get a 2% return parking it in my bank account or in bonds, why would I settle for $3M or a

Judelaw : I understand what you are saying but as a retail investor when the SPAC merger goes through the stock will be more recognizable and hopefully go up in value. It will be interesting to see how the quarterly reports go through but for the price per share right now it doesn't seem like a bad buy

Theresa P : I agree and am very bullish on $Gores Guggenheim (GGPI.US)$

GNRForever : Tesla disproved all of that … this should be around 60 to 150 usd a share when compared to similar EV because it is way ahead of the game … it has distribution network, it has delivered 30k cars and Hertz ordered 60k … compare that to other EVs … I think the valuation proposal fails when it comes to EV or tech … while I see that argument … we can agree from that perspective you wouldn’t pay that much for Apple Tesla or Amazon … but it hasn’t stopped them … I think 15 to 20 is safe bet … but I think it’s a dark horse like $NIO Inc (NIO.US)$ … I think we are looking at 50+ … I wouldn’t be surprised if it hit 100+ … look Tesla is expensive this is the best competitor … I have driven and it was amazing

The Value Investor : Uh huh, it’s too early for my I told you so speech, because in all honesty the market has not really fallen that much. But a quick reminder that history repeats itself. There were people like you who said “that’s not true, this time it’s different”. No, it’s always been the same. How naive are you to think there weren’t Teslas back in the day? Microsoft, apple, and Intel were literally all the Teslas of their time. And all the other companies were the lucids, the workhorses, the Rivians, and the NIOs, and guess what, some idiot back then said the same thing as you. THIS COMPANY PROVES YOU WRONG THIS IS THE NEW AGE OF INVESTING. Like every moron at the euphoric high of a bull market. That’s why it’s called euphoria genius, because everyone is so excited they can’t imagine things going bad. They fail to recognize the facts and the history that is repeating itself before their eyes. It’s literally never going to be different, and there are mathematical reasons for that, that I can explain if you want, but for now, just know yes, TSLA, Rivian, lucid, could double, but guess what, even if I don’t double my money on one stock, at least I didn’t lose 80% on the other 99. Avoiding massive losses will be more impactful than choosing multibaggers.