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Amazon has been priced at 100p/e for like 20 years. Tesla is at 1000+ but markets can price things at high ratios for a while.
by samfisher83 6y ago
Amazon has been priced at 100p/e for like 20 years. Tesla is at 1000+ but markets can price things at high ratios for a while.
- peteradio 6y agoAmazon is arguably operating very anti-competitively. That justifies the p/e. What could possibly justify 1000+ for Tesla? Its like the zombie towers in world war z, just pure brainless masses of dummmm money.