Before the inauguration, Tesla was trading at a P/E 30 times bigger than Toyota. Now it's about half that (110). Some say Tesla shouldn't be valued as a car st

Before the inauguration, Tesla was trading at a P/E 30 times bigger than Toyota. Now it's about half that (110). Some say Tesla shouldn't be valued as a car stock; it should instead be valued as a Tech stock. Well, Tesla traded at a P/E about 4-5 times that of NVIDIA which itself had a high P/E compared to the other Magnificent 7 which in turn have a high P/E compared to the stock market in general. What exactly is Tesla so great at that they deserve this enormous valuation? Its P/E has gone down to ~110 now, bit this is still incredibly high compared to e.g. NVIDIA which is trading at a P/E of ~40.