TSLA is worth ~36% of GOOGL. Is it really that far out of whack to think about it being more valuable in the next few years?
TSLA triples in price while GOOGL holds flat and you have that.
TSLA quadruples in price while GOOGLE rises by less than 33% and you have that.
Sure it'll take some time to happen but do you doubt it will?
How about AAPL? (double the TSLA numbers from above)
Only about 10 companies ahead of TSLA on the market cap list now.
* AAPL
* AMZN
* MSFT
* GOOG / GOOGL
* FB
* BABA
* BRK.B / BRK.A
* V
* TSM
* JNJ
TSLA should jump 3 or so spots just in the coming week or two.
And still those people will somehow think TSLA is a better value when it's several multiples more expensive than it is now. They'll be drawn in by all the press coverage as TSLA eventually is considered legit and the press stops calling it overpriced. Yes that will take a while too, but the same person that wouldn't buy it at 300 will somehow think it cheap in a few years at several times that price.
I'm just saying the general public in which most people knows nothing about stock sees Tesla being 2000/share, they instantly draw comparison to other stocks over 1-2k, namely amazon and google. Also most people don't even realize Amazon is a stock that's 3k. Most people think stocks are generally 300 dollars or less. Sub 100 dollars being more of a normal stock price. They don't understand valuations, they just understand stock prices. MSM doesn't help either because they want flashy headlines like 2000 dollars!