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I'm starting to entertain conspiracy theories with regard to TSLA stock. Simply because there is no other way to really explain it. No rational basis for a P/
by jqpabc123 1y ago
I'm starting to entertain conspiracy theories with regard to TSLA stock.
Simply because there is no other way to really explain it.
No rational basis for a P/E of 180. No reason for the stock price to increase while sales and earnings decline. No reason for industry analysts to maintain a buy rating on a stock that is clearly WAY over bought.
Unless they have some undisclosed incentive for putting their reputation on the line to do so.
https://www.marketwatch.com/story/buying-teslas-stock-ahead-of-the-robotaxi-launch-heres-what-to-know-first-fd8e202b https://www.marketwatch.com/story/buying-teslas-stock-ahead-...
- leesec 1y agoThere's very obvious ways to explain it, you should at least consider what would happen if they do what they say what they are going to do
- jqpabc123 1y agoIf if they do what they say they are going to --- even if they steal all of Uber and Waymo's business --- the current price of TSLA stock still can't be justified. Uber is just minimally profitable --- without investing large sums in autos or assuming liability for their operation. No way Telsa can do so, undercut them on price and be crazy profitable all at the same time.
- BonoboIO 1y agoEnron 2.0
- tim333 1y agoBull case here https://youtu.be/F0dpZGhG_vU https://youtu.be/F0dpZGhG_vU largely that Elon is good at building companies. He did the largest Rocket and EV companies and will do robots and maybe AI.