[goodbyesf]

> GM has a P/E ration of less than 6. Are they distressed? If not, isn't that absurdly cheap?

Reminds me of amazon vs everyone or nflx vs blockbuster. The 'market' seems to think tsla is just going to keep growing and gobble up much of the auto market share. Both amazon and nflx had absurd PEs for a long time. Eventually their grew into it.

6 P/E looks enticing as long as you think the 'E' is going to maintain itself over the long term. Do you think GM is going to maintain their earnings?

[_ea1k]

Exactly! TBH, I made a few bucks on F back when their PE was similarly low. Their EV strategy made sense and their current product line was in demand too. It seemed like an easy and relatively safe bet, and it worked out.

GM is a more difficult case. Their current efforts around Ultium haven't gone so well so far, and their ICE product line isn't even that much better. I think they will do well, but they have a lot of work to do.