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The price-earning ratio for Volkswagen is 4.4 on the 22nd of Dec, Tesla still has a ratio of 38.05. That is partially based on the hype of a full self driving T
by oxfordmale 4y ago
The price-earning ratio for Volkswagen is 4.4 on the 22nd of Dec, Tesla still has a ratio of 38.05. That is partially based on the hype of a full self driving Tesla. That promise looks like it won't materialise anytime soon. Other car manufacturers are also catching up on the EV market. The Tesla share price will likely been going downhill for a while.