Disagreements and First Principles: The Pushback on my Tesla Valuation
Musings on Markets
FEBRUARY 2, 2023
The first of the is as companies scale up, there will be a point where they will hit a growth wall, and their growth will converge on the growth rate for the economy. There is not much room to maneuver on either number, since half of all US companies have costs of capital between 7.3% It was the reason that I argued at a $1.2
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