Tesla market value crosses $500B as shares surge six-fold this year

reuters.com

5 pointsckastner3 comments

Tesla's market cap is now equal to that of Nvidia ($320bn), AMD ($100bn) and VW ($95bn) combined.

And Nvidia's (which now includes ARM) and AMD's valuations themselves were already sky-high.

To say I'm speechless is not doing justice.

A P/E ratio of x80 for a car company barely keeping afloat.

That's just absurd.

Crazy times ...