3 ms·
Still don't explain the price. Aramco seems to have 10-20 P/E ratio (excluding 2020 demand drop in oil). Where as Tesla is at 80 now... I just don't think enoug
by Ekaros 2y ago
Still don't explain the price. Aramco seems to have 10-20 P/E ratio (excluding 2020 demand drop in oil). Where as Tesla is at 80 now... I just don't think enough money can be pumped in Tesla to make current valuation sane. Without outright paying for those earnings by in essence gifting money.