TSLA
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Anonymous
| When will TSLA stock go back up? What are your predictions? |
Anonymous
| It should be a $10 stock. |
Anonymous
Seriously have you looked at its PE ratio? |
Anonymous
Yes.. And it is worth more than something like Toyota, Honda, Ford, VW, etc. combined. So stupid. It shouldn't even be worth more than Toyota who sells like 100x more cars per year. |
Anonymous
But it’s profit growth has been legit I am curious how much of that is tax credits for EV though (which will sunset) https://companiesmarketcap.com/tesla/earnings/ |
Anonymous
Any idea if it’s profit per car without tax credits? Like if they ramp production would earnings still scale? |
Anonymous
I will concede with recent drop in price and bump in earnings, PE is 44 which is still nuts but not unhinged. |
Anonymous
Yep. Ford is below 9, GM is below 7, Mercedes is around 5, BMW is below 3... Tesla may have room to grow, but it's already large. Does anyone really expect it to be able to grow to the point where it justifies the current share price? |
Anonymous
| When Elon stabilizes Twitter. Which is in the realm of the possible. |
Anonymous
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You can't compare TSLA to the other auto companies because TSLA is not just a car company. It also produces solar panels, battery storage, solar roof tiles, and related services. We bought our solar panels and power wall from Tesla. |
Anonymous
Yes. The world is moving to electric cars. That market is wide open -- all the major carmakers have been scrambling. Tesla has a strong market share in the EV market; owns the supply chain (makes their own batteries); and has many years lead over other companies trying to enter the market. I'm not a Elon fanboi, and I don't directly own any TSLA stock (probably do have some via index funds), but this is the kind of sea change where there's room for new winners and market leaders. So far, that's Tesla. |
Anonymous
I think (and hope) that you are right on this. Nothing can stop the march of human ingenuity and creativity. People are not going to drive gas guzzlers until the end of time. |
Anonymous
| 2024. You have all 2023 to buy it. I'm selling some land to buy more. |
Anonymous
| Gonna stay under 400 until FSD really catches on, which I believe will be around 2026. Gonna stay around 1000 until tslabot which will be around 2030 |
Anonymous
| Just maybe it was all FOE piling into the stock to help him hit his performance targets. Now that he’s got them, the smart money ran off? |