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by deepsummer 8 days ago
A Tesla without Musk isn't worth much. It's not that profitable. Tesla's P/E ratio is 350 or so - absolutely crazy. Ford's and Toyota's are about 10. The largest Chinese electric car maker's (BYD) PE/ratio is 20. People are buying Tesla shares because they believe in Musk. The moment he announces that he is out, his wealth is going down by 90% or more.
1 comments
voidUpdate 8 days ago
If he wanted to get out and sell his stocks, why would he care if it collapses after he leaves? He sells his stocks when the value of the company is still high
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deepsummer 6 days ago
> If he wanted to get out and sell his stocks, why would he care if it collapses after he leaves?

"Selling the stock" is not a single transaction. The moment he leaves Tesla, or starts selling shares (which would take weeks or months), the stock collapses.

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