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I don’t think measuring thing vs. cars sold is particularly useful. One way to look at it is this: their P/E is around 330. Their net income grew at 300% last
by rp1 5y ago
I don’t think measuring thing vs. cars sold is particularly useful.
One way to look at it is this: their P/E is around 330. Their net income grew at 300% last quarter (y/y) and their growth seems to be accelerating. If the price and growth rate was constant, then the P/E ratio would be 82 in just a year. Still high, but not unreasonable for a high growth company.
- blip54321 5y agoThere's only so much accelerating that can happen. At some point, the market saturates. I looked at Tesla's share of the car market too.