Comment by quickthrowman
4 years ago
> Tesla's PE is ~200 IIRC
TSLAs PE is 896 as of market close today (371.74/.4140) and had a PE of ~1213 at its ATH price of 502.49/share
4 years ago
> Tesla's PE is ~200 IIRC
TSLAs PE is 896 as of market close today (371.74/.4140) and had a PE of ~1213 at its ATH price of 502.49/share
Yikes, I haven’t kept up with it much clearly.
But yeah, there’s a valid non-malicious reason to believe Tesla is overvalued.
thank you for putting up this correction
There is literally no company on the planet that can justify a 896 PE
Let's see how long Tesla can keep things going with 1,000 PEs
They are projected (based on stock valuation) to take over all or most of
cars energy solar power
Which is quite an absurd assumption
Plenty of companies have justified negative P/E, which is worse than 896, and still worse than even 10,000. In fact, their share price kept going up all the way until their P/E was strongly positive.