b-b-b-but the p/e should be 400+ because... it j-j-j-just should, OK?!?!?
>>625132544%
>>62513254What the fuck actually happened? I don’t have tesla but curious
>>62513338would you trust your pension to a retarded ket snuffler who sits on his fat arse all day doing picrel?
>>62513254tesla is a great company at sub 30.
>>62513352>bibson
>>62513338TSLA has been overvalued for years, thanks to Musk worshipers buying it up without question. But now, there are 2 Musk companies to buy on the market (SPCX/TSLA). This means the demand for TSLA is suddenly almost halved.Now that slightly bad quarterly earnings came out ($0.33 EPS) and there isn't enough demand to keep it up anymore, reality has hit its first punch of many. This year is going to get brutal for both companies
There was no proper IPO valuation prior to this share going onto the market. It was just shit right out within days with basically no price discovery since it was assumed every single big jew wealth aggregator company was going to jump in. Another "too big to fail". Thus everyone who bought it on day one before the real price was discovered deserves the bag they were handed. They've really trained you people like dogs to think everything is the next bitcoin, haven't they?You should have waited for a few months.
>>62513380The oil market taking a shit is going to have a much bigger impact. Oil WILL moon in a month, short of a permanent ceasefire being enacted, and every retard will start buying electric cars to get around gas prices only to find out, whoopsies, the electricity they consume is mooning too.
>>62513352Based
>>62513338BYD happened
>>62513471imagine US consumers were allowed to buy them?
>>62513479they've already dominated other parts of the world, see far more byd than teslas when i travel
>>62513397Horrific analysis. First of all, when the American consumer feels the pinch, do they buy new cars? No, car sales dry up. It's possible USED EVs will see an uptick, yes. That's not the same as buying or leasing a new Tesla because gas went up.Secondly, are you aware of simple metrics like price to earnings ratios? I'm no analyst, but even if the earnings of Tesla increase dramatically (which is the exact opposite of what they're literally telling us is happening), it doesn't go far to justify even today's share price.Like OP said, just because things have been ridiculous for a while, eventually you'll run out of hype or fools' money. We may be seeing that now, or maybe a few tweets about robots or some shit will save the day and we can all forget about stupid shit like "earnings growth".
>>62513505It's the transition from speculative pricing towards value pricing. The greater fools get fucked. Wait until the debt bubble finally pops and AI gets sucked into the hole. When America Inc. gets marked to actual value, the gnashing of teeth and rending of garments will be heard on Mars Base Elon.
>>62513490Eurosissies still suck elon's cock the last time I was in gaymany
