Quote:
Originally Posted by Van Gogh
Are there any fundamental reasons that prevent companies from reaching certain market capitalization? For example, could I start a company with just a name and if enough people buy the company, the market capitalization is essentially unbounded?
I'm of course asking to understand what (if any) forces could directly prevent Tesla from reaching 1T market cap or beyond - apart from rational traders, which currently do not seem to play the biggest role.
Strange question. I guess in most countries it would be uncostitutional to prevent people from bidding up the price if they want.
And I see 1T to be on the table in the near future. Imo Q4 ER will be pretty damned good, a lot better than what shorts said would never happen 1 year ago. But they will sure do some serious mental gymnastics to not admit that they misjudged the company.
Quote:
Originally Posted by snowie963
10b seems to be a soft cap as far as a basically known fraud can go with regards to NKLA as it has hovered around that cap. Obviously the sky is the limit with a company like Tesla where there are so many unknowns and a lot of promises, hope and speculation.
Onecoin’s ”market cap” must have been through the roof as they were just printing money and raising the ”price” all the time.