4 ms·
The problem is Tesla's valuation is overpriced even if they owned 100% of the car market, their P/E ratio is > 300. "But it's high margin", sure it is, but so
by riffraff 10mo ago
The problem is Tesla's valuation is overpriced even if they owned 100% of the car market, their P/E ratio is > 300.
"But it's high margin", sure it is, but so is Ferrari, and their P/E is 30-40.