Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It should be a $10 stock.
Seriously have you looked at its PE ratio?
I will concede with recent drop in price and bump in earnings, PE is 44 which is still nuts but not unhinged.
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?
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 wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It should be a $10 stock.
Seriously have you looked at its PE ratio?
I will concede with recent drop in price and bump in earnings, PE is 44 which is still nuts but not unhinged.
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 wrote:Anonymous wrote:Anonymous wrote:It should be a $10 stock.
Seriously have you looked at its PE ratio?
I will concede with recent drop in price and bump in earnings, PE is 44 which is still nuts but not unhinged.
Anonymous wrote:Anonymous wrote:It should be a $10 stock.
Seriously have you looked at its PE ratio?
Anonymous wrote:Anonymous wrote:Anonymous wrote:It should be a $10 stock.
Seriously have you looked at its PE ratio?
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 wrote:Anonymous wrote:Anonymous wrote:It should be a $10 stock.
Seriously have you looked at its PE ratio?
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 wrote:Anonymous wrote:It should be a $10 stock.
Seriously have you looked at its PE ratio?
Anonymous wrote:It should be a $10 stock.