Quote:
Originally Posted by piece-itpete
Funny how China's becoming an EV juggernaut after Tesla built a plant there. Smart people sure can be dumb.
Tesla has a trump card up its sleeve (  ) - it has access to SpaceX's technology. Elon may be blathering all over the place, but Tesla's stock is still way, way higher than it was a year ago.
Pete
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I think Tesla has become a meme stock. At its peak, its P/E ratio was 1,120 and is now 118 whereas the average P/E across the S&P 500 is ~20.