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He can also raise money from other investors in the private market. There have been indications that Tesla may announce a stock buy back. Several large invest
by pmorici 4y ago
He can also raise money from other investors in the private market.
There have been indications that Tesla may announce a stock buy back. Several large investor in Tesla have been making the case for it. S&P just upgraded their credit rating. If Elon did need to sell more that would mitigate any negative effects.
Long term none of this Twitter drama matters. The PE of Tesla is incredibly low right now and the company is super healthy with no real signs of slowing down.
- rhodorhoades 4y agoA P/e of 95 is low?
- jbverschoor 4y agoSee you in 2117 :)
- slaw 4y agoIt supposed to be the the moon. https://www.forbes.com/sites/investor/2020/12/23/tesla-to-the-moon https://www.forbes.com/sites/investor/2020/12/23/tesla-to-th...
- pmorici 4y agoRelative to historic P/E yes but more importantly still growing fast and if you look at 3Q earnings annualized it's in the low 40's and forward P/E based on conservative estimates is in the 30's.