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It's a description of Tesla's future business direction and a metric against which you can value the company. That's how you make meaningful models and value a
by enslavedrobot 2y ago
It's a description of Tesla's future business direction and a metric against which you can value the company.
That's how you make meaningful models and value a business. P/E is meaningful only in context. Buying stocks based on PE is a very good way to lose money.
- oblio 2y agoAnd my point is that even with "their future business direction", their valuation makes no sense.