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> Honestly, the best thing for Tesla would be to evict Musk as a leader, install someone who can focus on excellent delivery (like SpaceX), and create a separate R&D org for Musk to lead. I suspect it's too late for that. Musk, like Jobs before him, has a reality distortion bubble; this is how the Tesla P/E ratio is now… 189.49? Huh, it went up since I last checked. Anyway, point is that number would be 30 even in an agressive growth scenario (which no longer seems plausible given their shinies are now being done better by others), and BMW's P/E is 7.41. If Tesla stock price reduced to realistic (i.e. not Musk-boosted) levels, that's a factor reduction of 189.49/7.41 ~=
25.6, which reduces them to about 13 USD. I've heard Musk has a lot of loans with Tesla stock as collateral, where margin calls will trigger sales if the price goes under about $240. I have no idea what happens when you mix that combination of margin call, price shock, corporate debt, etc. |
Pump, pump, pump. BS announcements and promises. Whatever shit he has to spew to keep the stock up.