Professor Scott Galloway weighs in on Tesla stock
— July 14, 2016
Excerpt from US News & World Report -- "The excitement around Tesla, its brand, and its enigmatic, Tony Stark-like leader create more than just intangibles and billionaires talking their book, says Scott Galloway, founder and chairman at L2 Inc., a leading intelligence firm that benchmarks overall brand performance. 'You could argue that Tesla has access to the cheapest capital in the history of the automobile industry … it makes sense from a capital allocation standpoint' to take on expensive endeavors like the gigafactory. Galloway points to Tesla's price-sales ratio, which is 7.8, and notes that General Motors Co.'s (GM) P/S is a mere 0.3, making secondary offerings a less attractive way to raise money."