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__alexs
129 days ago
Tesla has a P/E in the hundreds and a ~0.3% market cap to profit ratio. In what world is this "very" profitable?
1 comments
paxys
129 days ago
In the world where it makes $8-10B in profit on $90-95 billion in revenue every year. Whatever price investors choose to trade the stock at is irrelevant to those numbers.
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mminer237
129 days ago
It's actually down to $3.8B in profit now, and will be losing money within a year at the rate its been losing profitability.
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__alexs
129 days ago
2% net return on assets is garbage
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