[pmorici]

It is a reflection of very high growth and is being valued using a discounted cash flow model based on expected future earnings. Extremely rational.

[Sohcahtoa82]

Tesla would have to increase earnings by 20x to make their current P/E rational.

And I just don't think that's realistic. At least not within the next 10 years.

[pmorici]

Yes, my assumption is they will do that in ~5 years.