Reply to Is $TSLA a buy here?

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[quote=Anonymous][quote=Anonymous][quote]
P/E 250, suggesting long term revenue or profit will be at least double current level, -11% YoY revenue.

Make it make sense.[/quote]

People have run the numbers. With FSD and robo taxis there will be many people who don't buy cars and who call up a robotaxi. Right now there are no earnings from this business, but you could reasonably expect a pretty good pile of earnings from this in [b]maybe about 2 years.[/b] That could halve the P/E or even more. Plus lots of people view Tesla as a long term hold (10+ years).

You are placing bets about what is going to happen in the future. Who will be the competition?  If you put $$ into Tesla in 2015, you have made about 20 times what you put in. People see this as a visionary company. People snickered in 2015 about Tesla and EVs (and now look at how the whole world is going to EVs). I would not bet against Tesla. 
[/quote]

https://en.wikipedia.org/wiki/List_of_predictions_for_autonomous_Tesla_vehicles_by_Elon_Musk[/quote]

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