Elon Musk started a price war that Tesla can't win

[Rajoo]

Originally Posted by Chicks

Tesla stock is still a sell after its 40% plunge, UBS warns
https://finance.yahoo.com/news/tesla...154533678.html

The Tesla stock dropped from $259 last Friday to $227 today, and with the markets dropping, not expected to move up soon.

Once the Elon's hype is over and done with (and it seems like it has), no way can eiris stock be at this astronomical PE ratio based on its future products, robo taxis and robots. They have already backed away from the autonomous trucks which perhaps held more in promise than taxis or robots.

Waymo is way ahead on driver less taxis and multiple companies can and will make robots which is not groundbreaking technology.