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When you have to sell the product, but your boss/owner is so inept that he is causing losses to his own company
(lemmy.world)
this post was submitted on 05 Mar 2025
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It's still +26% in 6 months, +58% in a year and +535% in 5 years. There's still a long way to go down unfortunately.
Not with their P/E ratio at 273.22 🤣
The average P/E for the auto industry is 29.97. $TSLA is beyond overvalued. If it stays like this, it’ll take another massive hit after the Q1 earnings call on April 29th.
The funny bit is that if their stock price falls 90% in 6 months, their P/E will almost certainly still be above the auto industry average because their earnings will be falling too.