$Alibaba (BABA.US)$ come on, Alibaba is x2 bigger than tesla...
$Alibaba (BABA.US)$ come on, Alibaba is x2 bigger than tesla. Alibaba is more than just an ecommerce company. Alibaba is an innovation company. How come it's true market valuation isn't reflected in the stock market while tesla market valuation is often overpriced? Aren't people supposed to be pumped up for alibaba cloud computing prospect which is gonna revolutionise the world? The way people shop for goods without the need for human interaction and so on. The alibaba ecosystem is so big but so many people are blind to put a price to these instead they chose to value this company based on hearsay, fear and rumours. Totally fxxked up society where we see a hardly profitable tesla having a 1 trillion dollar market cap in today's world while alibaba is already proven keeps getting liquidated in value
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investing陈 : Blame the ccp gov. They keep setting ambiguous policy and interrupt innovation which is the core killer.
randomness1688 investing陈 :
Daniel Zn : Err China is way less valuable. That’s a fact. We can lose everything because it’s communist. But let’s see how it goes