5 ms·

The P/E is 34.31 compared to about 5 for Mercedes. There is plenty of room to drop further.

• jacquesm 4y ago
  Sure but another $100 in three months isn't going to happen. At least, I don't think it will, no matter what idiocy Musk will pull next. There has to be a floor somewhere.
  • falcolas 4y ago
    > There has to be a floor somewhere. I can think of one option: The SEC halts trading on Tesla stock. They've done it before, there's no reason to believe they would not do it here. Otherwise, isn't there a class of stocks called "penny stocks"?
    • deleted 4y ago
      [deleted]
    • KerrAvon 4y ago
      The stock price gradually falling into a pit won’t trigger a halt.
      • falcolas 4y ago
        It can if the SEC figures someone (rich white guys and their companies) is being materially harmed and can justify it via "suspicious trades" (which can mean anything). See AMC.