Absolutely @SayWhatAgain -- anything even vaguely related to investing is fair game.
I'll start by referencing some stats on Tesla, which is pretty topical right now. I havent looked at it for a long time, but it came up on the pod and it was interesting to note that although shares are down ~50% since their all time high in December last year:
- Shares are still 34% up over the last 12 months
- Are up 730% over the last 5 years
- Revenue has almost doubled in the last 3 years
- EBIT up ~50% in 3 years
- (fun fact) owns 11,509 bitcoin, presently valued at US$971m. In 2022 they held almost 43,000 BTC but sold 75% due citing (ill-reasoned) environmental concerns. They sold at US$20k/coin..
No agenda with these factoids -- just putting it out there for some context. I dont own any btw (outside of some exposure through a NASDAQ ETF), and I dont plan to anytime soon either.
Partly, because the Musk factor is a risk I'm not comfortable with. But mainly because that, despite the 50% drop in recent months, shares are still on nearly 8x revenue, or 116x earnings. Which is high by any standard, but certainly for a near one trillion company whose revenues were essentially flat between 2023 and 2024. Yes, in theory, they have some optionality in terms of battery, robotic and AI tech, but until there is material and growing revenues on those fronts i'd be cautious in factoring them in.