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A company with 50% of revenue growth, 30% of automotive gross margin, almost unlimited demand (99% of global auto sales are still non-EV and Tesla's brand is ju
by rcMgD2BwE72F 5y ago
A company with 50% of revenue growth, 30% of automotive gross margin, almost unlimited demand (99% of global auto sales are still non-EV and Tesla's brand is just starting to become familiar), still zero ad spending, huge new markets like solar generation and stationary storage where they continue to have a massive lead in technology...
Can you name one company in such a position? Tesla price-to-earning ration based on Q3 2021 income is 147, and dropping like a stone. Looks cheap to me.