Breaking Down Facebook Earnings and Tesla’s Move into the Trillion Dollar Club
CNBC's "Fast Money"
00:00
The Stock Is Going to Marry at a Trillion Dollars, Don't Care What Phil Says, Didn't Matter
phil jeff: Tesse is going to march at a trillion dollars for a variety of reasons, and here we are. i don't think that's going to be something that impacts the stock, certainly not in the near term. I've been wrong for a very long time. But listen, tesla is a car company. 85 % of its revenues are from the auto business. And i think right now, for me, the biggest issue is the valuation. You're still talking about a car company that's trading multiples of those names. So i just can't get my head around it.
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