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It is news worthy because TSLA’s current P/E is 45 even after the stock is down 28% YTD. For comparison GM’s PE is 5 and Ford’s is 12. So when the company, wh
by vishnugupta 2y ago
It is news worthy because TSLA’s current P/E is 45 even after the stock is down 28% YTD.
For comparison GM’s PE is 5 and Ford’s is 12.
So when the company, whose stock is so expensive compared to others in the industry, and is predicated on taking the world over with their cars, doesn’t grow as expected then yes it is indeed scary.
- brandonagr2 2y agoThat's not what the stock price is predicated on