>what is market cap
Tesla just crossed 1000
you do understand that the economics of those two companies are not related? You could argue that Musk manipulates the TSLA stock so he can profit for his portion of his shares to pay for other projects but your TSLA share has nothing to do with SpaceX. Just like some other user said, many retards buy TSLA without even knowing shit about DD and the stock market in general.
>what is a market cap that doesnt justify the stock price
>share price
I hate you
the market cap justifies the stock price if it exceeds the analysts' previsions.
You do realize that a share price literally is irrelevant if you don't take the number of outstanding shares into consideration... right?
Marketcap is what matters. Same goes for crypto.
No wonder it's overvalued. It's because of retards like you, who don't understand basic corporate structure.
See
P/E is STILL ZERO
FUCKIN KEK