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by rsynnott 623 days ago
> 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.

1 comments

Tesla has transcended future expectations. Everybody knows FSD will be ready by the end of the year. I mean next year. It's the world's biggest meme stock.