# Professor Aswath Damodaran's thoughts on Tesla's market valuation are featured

Faculty News

— August 14, 2017

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Excerpt from [NASDAQ](http://www.nasdaq.com/article/why-did-tesla-tsla-stock-climb-today-cm831849) -- "Despite the bullish Tesla takes on Monday, a New York University finance professor said on Friday that he thinks one of the company's recent moves is very strange. [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), who is regarded as a company valuation expert said he doesn't understand why a company that is losing cash, like Tesla, chose to raise its debt total and not sell stock."

[Read more](http://www.nasdaq.com/article/why-did-tesla-tsla-stock-climb-today-cm831849)