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by SamJose 478 days ago
It's as high as it is because investors expect Musk to game the system in Tesla's favor since he is part of the goverment now
1 comments

evaluation was astronomical (and comical…) way before January…
I looked at the chart before my comment. It started sky rocketing in Oct/Nov when Musk got massively involved in the campaign
for sure. however p/e was over a 100 even before election etc. elon is running a ponzi scheme lying to investors for over a decade now about fsd and “robotaxis” and all kinds of other nonsense. it has been working and election propelled this nonsense as anyone worrying about regulation stop worrying as elon will be able to do whatever he wants. end of the day, it will all eventually come crashing down…