29 posted on 08/08/2013 5:55:30 PM PDT by Lurkina.n.Learnin
(If global warming exists I hope it is strong enough to reverse the Big Government snowball)
You look at historic metric to value stable companies. For companies with projected exponential growth like Tesla, you try to project what these metrics will be at stable state in the future and discount it for the risk of getting there.
I believe even after the recent run-up the stock is undervalued for its potential and the hurdles it faces to reach its potential.
30 posted on 08/08/2013 6:07:50 PM PDT by Cool Guy