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Yeah. The fact is Tesla is a volatile stock. You can paint any picture you want if you select the right timeframe.
by peab 1y ago
Yeah. The fact is Tesla is a volatile stock. You can paint any picture you want if you select the right timeframe.
- onlyrealcuzzo 1y agoIt's hard to un-paint the picture that it's got a 170 P/E, and it has 2 years of negative growth... Use a 365 day rolling average. You'll arrive at the same absurdity.
- spacemadness 1y agoPeople love making excuses for this stock. It’s a meme stock. It makes no sense and it never will.
- leesec 1y agoI love when everyone says this as if there is not very obvious reasons it could trade this high
- spacemadness 1y agoName them instead of stating it as fact.
- leesec 1y agotesla is making millions of cars with the capability of driving themselves. conservatively imagine the cars make 2k a month. each 1 million cars could then make 24 billion per year
- spacemadness 1y agoThat’s not a good argument. They’ve done terribly in this space so far and Waymo is far ahead of them.
- leesec 1y agoI said this is why it could trade so high. Not making an argument for if they'll achieve it or not. Tho I think they will