And Tesla is currently worth more than these combined: BMW + GM + Ford + Mercedes + Hyundai + Nissan + Fiat Chrysler + Honda
You know, just a trillion dollars in sales give or take. I'm sure Tesla will get there sometime this century.
Intel has $25 billion in operating income the last four quarters (~73% increase in three years). nVidia has $3.4 billion in operating income the last four quarters. Yeah but nVidia is growing fast, right? Nope, they're growing modestly. How long will it take for nVidia to get to $25b in operating income? 15 years if everything goes perfectly?
It's certainly up to the reader to judge whether these spectacular valuations are due to the stock market bubble, or if... you know... it's different this time, it's the new economy, cloud!, or whatever bullshit is being spun this time around.
You know, just a trillion dollars in sales give or take. I'm sure Tesla will get there sometime this century.
Intel has $25 billion in operating income the last four quarters (~73% increase in three years). nVidia has $3.4 billion in operating income the last four quarters. Yeah but nVidia is growing fast, right? Nope, they're growing modestly. How long will it take for nVidia to get to $25b in operating income? 15 years if everything goes perfectly?
It's certainly up to the reader to judge whether these spectacular valuations are due to the stock market bubble, or if... you know... it's different this time, it's the new economy, cloud!, or whatever bullshit is being spun this time around.