US Stock market / Gold cycles 1850 - 2013
US Stock market / Gold cycles and bank failures 1928 - 2024
Tesla: If this is not bubble, I don't know what is...
With yesterday close, Tesla market cap is about 2.5B. Company that sold only 100-150 cars and have only loses in the balance sheet, can not have such market cap.
Also, Tesla is not only company that produce electric cars. Sure, they are not as shiny as Tesla - see car you can buy from my friends at http://www.vromos.com/ :
Some info suggest that GM, Toyota and even Ford will have soon electric cars.
I expect the price to fell to $15-16 in near future.