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Additional-Local8721 t1_j04pit3 wrote

Reply to comment by ToddHLaew in Tesla value as it relates to Twitter's purchase [OC] by datawazo

Wouldn't be surprised if that happens 1Q. Hope you're hedging with something.

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ToddHLaew t1_j04xios wrote

Of course, I did my research. Plus my son gets a 15% discount on stocks since he works there. Tesla cars run on a 15% margin. All other EV car makers run at 7% or less. Tesla stock was overpriced, he even said so. The stock is currently driven down by his purchase of Twitter. This helps artificially drive the stock down.

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gza_liquidswords t1_j058s44 wrote

Even at $140 this puts Tesla valuation over $400 Billion. Tesla is worth at most $60-120Billion as an electric car company.

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Additional-Local8721 t1_j06l012 wrote

So your son has an ESOP I'm assuming? A company can't legally sell shares of stock at a discount publicly. Your son would be the owner of the shares, not you. Either way, best of luck to you. If you're looking for other investments, check out the MJ index.

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