Tesla has a value equal to combining the market caps of the NEXT 16 most expensive car companies including Toyota, GM, Hyundai and the rest!
This is one insane bubble waiting to pop.
This is one insane bubble waiting to pop.
Comments
Normal car companies have a p/e of about 5. This means that the stock price of Tesla is about 30 times too high. It should be about $10 if something Magical wasn't going to happen, soooon.
Hyperloop, robots, FSD, loop system, semi truck, solar, etc