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by MR4D 1088 days ago
TSLA net income ~12.5 billion

TM net income ~2.5 billion

The relative valuation seems about right. Also, your P/E ratio for TSLA seems really high. It’s about a third of that.
1 comments
Mistletoe 1088 days ago
You are right, I apologize. My quick googling gave me the wrong PE for Tesla. The correct PE is about 77. I didn’t notice because during the euphoria phase it was insanely over 1000 so 261 seemed plausible.

https://www.macrotrends.net/stocks/charts/TSLA/tesla/pe-rati...

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panick21_ 1088 days ago
Well it was infinity and then it was 1000s and then 100s. And these changes happened in a few years.

This is why the endless talk about PE is so incredibly dumb and misleading when elevating companies.

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