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That's because Tesla's stock is overvalued. Tesla's revenue is only 60% higher than that of BYD Automotive.
by DiogenesKynikos 3y ago
That's because Tesla's stock is overvalued. Tesla's revenue is only 60% higher than that of BYD Automotive.
- Jonanin 3y agoIt's very humorous, though not unexpected, to see a reply about revenue numbers to a post that was mainly speaking about Tesla's superior margins.
- DiogenesKynikos 3y agoTesla has a P/E ratio of 45, vs. 17 for BYD. A lot of Tesla's value is based on hype and expectations, not on its current business.