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by rsynnott
623 days ago
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> and the business is still a cash generating juggernaught. Current Tesla P/E: 67.78 (even for a large SaaS company, this would be very high; for a consumer goods manufacturer it’s virtually unheard of). Current VW AG P/E: 3.14. Like, people buying Tesla presumably aren’t buying primarily based on its earnings. There is an expectation of something more. |
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