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TSLA net income ~12.5 billion TM net income ~2.5 billion The relative valuation seems about right. Also, your P/E ratio for TSLA seems really high. It’s abo
by MR4D 3y ago
TSLA net income ~12.5 billion
TM net income ~2.5 billion
The relative valuation seems about right. Also, your P/E ratio for TSLA seems really high. It’s about a third of that.
- Mistletoe 3y agoYou are right, I apologize. My quick googling gave me the wrong PE for Tesla. The correct PE is about 77. I didn’t notice because during the euphoria phase it was insanely over 1000 so 261 seemed plausible. https://www.macrotrends.net/stocks/charts/TSLA/tesla/pe-ratio https://www.macrotrends.net/stocks/charts/TSLA/tesla/pe-rati...
- panick21_ 3y agoWell it was infinity and then it was 1000s and then 100s. And these changes happened in a few years. This is why the endless talk about PE is so incredibly dumb and misleading when elevating companies.