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
    0·
    7 days ago

    By that argument nothing is ever overvalued because apparently that’s what the stockmarket says it’s worth. But crashes still happen.

      • mcv@lemmy.zipEnglish
        0·
        7 days ago

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

          • mcv@lemmy.zipEnglish
            0·
            5 days ago

            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.