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.

  • FreedomAdvocate@lemmy.net.auBanned from communityEnglish
    12·
    3か月前

    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か月前

      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.

      • FreedomAdvocate@lemmy.net.auBanned from communityEnglish
        13·
        3か月前

        It’s worth what someone will pay for it. The stock market is entirely speculative. Tesla is valued correctly.