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How old are you? Tesla's PE as of right now is 1,324. Which, unless they take over the entire automotive market puts them heavily into the "overvalued" categor
by StillBored 6y ago
How old are you?
Tesla's PE as of right now is 1,324. Which, unless they take over the entire automotive market puts them heavily into the "overvalued" category.
Its hard to imagine that tesla will still have the same valuation in the 10, 20, 30 years it might take a line worker who doesn't have tens of thousands of shares/options.
Also, most people I know in the "tech" environment now expect RSU's instead of options, because a huge percentage of the people i've talked to have stories about their options which expired underwater after a decade.
Putting all your eggs in a single basket is just a recipe to be like the huge percentage of enron/etc workers who overnight went from employed with a solid stock/401k/etc retirement to standing in food lines as they both lost their job as well as their retirement.