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Tesla down 7%, P/E still at 275, as opposed to 9 for companies that produce working vehicles like Mercedes Benz.
by bgwalter 11mo ago
Tesla down 7%, P/E still at 275, as opposed to 9 for companies that produce working vehicles like Mercedes Benz.
- baq 11mo agoSo, what does the market know that we don’t?
- ASalazarMX 11mo agoDude, we are the market, and we don't know why Musk deserves a trillion dollars out of Tesla. You must mean insiders.
- bogomipblips 11mo agoInsiders know how to work a ponzi scheme without any provable evidence of collusion.
- bix6 11mo agoHey come on they’re making robotaxi eventually! Surely that’s worth 275!!!
- mc32 11mo agoIf MB is feeling particularly confident maybe they can out manœuvre the market like Wiedeking did.
- Workaccount2 11mo agoBut they will have 1 million robotaxis on the road by year end...err...1 million optimus robots working in factories by year end 2026!
- TheAlchemist 11mo agoThey will start loosing money this quarter. That way it fixes the high P/E aspect of things. Now they will be a 'pure play' in Robotics & AI ! I love this scene from Silicon Valley: https://www.youtube.com/watch?v=BzAdXyPYKQo https://www.youtube.com/watch?v=BzAdXyPYKQo This show was really ahead of its time. "If you show revenue people will ask how much and it will never be enough" /s Imaginary trillions of revenues from Optimus are definitely much more appealing.