Norway's mega wealth fund to reject Elon Musk's $1 trillion Tesla pay package
www.cnbc.com
Managers of the world’s largest sovereign wealth fund said they are “concerned” about the proposed deal.

    • mcv@lemmy.zipEnglish
      11·
      3 个月前

      That doesn’t mean that value is reasonable, though. The stockmarket has a rich history of hysteria and irrationality.

      • FreedomAdvocate@lemmy.net.auEnglish
        12·
        3 个月前

        It doesn’t have to be reasonable, it just has to be what the stock market values it at. That’s how valuations work.

        • mcv@lemmy.zipEnglish
          11·
          3 个月前

          Are your unaware that you are arguing towards a tautology? “It’s not overvalued because this is what it’s valued”. That’s meaningless.

          If the assets, profits and projected growth do not justify the current valuation, it’s overvalued. That’s the case for Tesla.