Tesla is a perfect example of how stories will drive your ultimate judgment. I'm an optimist on Tesla as this hybrid company, hybrid of automobile slash technology. If Tesla at some point in time becomes 70% automobile, 30% software, its margins are going to be three or four times higher than any automobile company you see out there. It's one of those morphing stories, which is one of the reasons my valuations of Tesla have shifted over time. As the story shifts, I've had to value the company differently.
If you know you’re impatient, then value investing isn’t for you. Aswath Damodaran teaches corporate finance and valuation at the Stern School of Business at New York University. Motley Fool CEO Tom Gardner caught up with the “Dean of Valuation” for a discussion on: - Inflation’s new questions for investors - Tesla valuations (from $50 billion to $1 trillion) - Incentives, correlations, and costs in ESG scoring - Jeff Bezos, Elon Musk, and the companies they've built
Stocks mentioned on the show: TSLA, MO, BLK, AMZN
If you're a member of any Motley Fool service you can access the full interview here: https://www.fool.com/premium/live/video/4056/coverage/2022/08/31/navigating-inflation-behavioral-investing-and-mark/
Host: Tom Gardner Guest: Aswath Damodaran Producer: Ricky Mulvey Engineers: Dan Boyd, Austin Morgan
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