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> 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
by quickthrowman 6y 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
- wgerard 6y agoYikes, I haven’t kept up with it much clearly. But yeah, there’s a valid non-malicious reason to believe Tesla is overvalued.
- switch11 6y agothank 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
- reducesuffering 6y agoPlenty 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.