3 ms·
You 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 i
by Mistletoe 3y ago
You 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.