4 ms·
Tesla has a PE ratio of 37.52. Microsoft has a PE of 37.6. Tesla isnt "performing" bad, and its price has roughly nil to do with how the company is doing. It
by basch 3y ago
Tesla has a PE ratio of 37.52. Microsoft has a PE of 37.6.
Tesla isnt "performing" bad, and its price has roughly nil to do with how the company is doing. It's share price got insanely overvalued, and it corrected.
Tesla is up 767% in the last 5 years, almost 10x the SP500.
- mullingitover 3y agoDown 34% YTD though. And Twitter has been written down over 70% since the acquisition. My point is just that the layoffs arguably did nothing to help, and may have hurt their ability to execute and thus cost them some big opportunities. "They didn't completely implode" isn't "success," any more than becoming blind and paraplegic by choice is "success" because you're still alive.