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>‘Tesla Dilemma’: Elon Musk is destroying Tesla’s profitable car business, but at the current valuation, his lies about self-driving and robots is what is keepi
by nabla9 1y ago
>‘Tesla Dilemma’: Elon Musk is destroying Tesla’s profitable car business, but at the current valuation, his lies about self-driving and robots is what is keeping the stock alive.
It's crazy and nuts but it makes sense. The choice is between keeping hype alive and delaying doom or doom now.
Tesla
P/E: 254
PEG: 116
For a car company with $1.46T market cap and modest revenue growth in last 12 quarters (3 years) those numbers are ridiculous.