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Elon Musk Just Became The Richest Person In The World ($190B)

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But if I know the fundamentals correctly according to the p/e ratio they are grossly overvalued in terms of the output they gives . People are frenzy over the stocks of Tesla.
 
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But if I know the fundamentals correctly according to the p/e ratio they are grossly overvalued in terms of the output they gives . People are frenzy over the stocks of Tesla.


These prices are dirt cheap compared to what they will be in 10 years. I couldn’t give a rats *** about its P/E ratio. Look at its future growth and innovation. Tesla has a good chance of becoming the most valuable company in the world by the end of the decade.
 
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These prices are dirt cheap compared to what they will be in 10 years. I couldn’t give a rats *** about its P/E ratio. Look at its future growth and innovation. Tesla has a good chance of becoming the most valuable company in the world by the end of the decade.

Prob going to go down in the short term, then again lots of people are fucking retarded and there's lots of retard money going around.
 
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But if I know the fundamentals correctly according to the p/e ratio they are grossly overvalued in terms of the output they gives . People are frenzy over the stocks of Tesla.
Stock prices aren't always in accordance with P/E ratio or company financials. Also, at this moment it's better to ride the wave since I've seen a ton of people becoming "Teslanaires"

My colleague who sits next to me tripled his money where he put his life savings a couple of months before the stock split. I should've taken his advice

Nevertheless, anyone could make an electric car with a decent range but what makes Tesla standout is it's tech. The next best electric car after a Tesla is a Porsche Taycan but middle income folks can't afford it. I see Lucid and maybe even Rivian having a good potential and the ability to compete with Tesla if they're able to get their tech right and sustain their production phase...since Tesla had a hard time meeting the demand and still has QC issues
 
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But if I know the fundamentals correctly according to the p/e ratio they are grossly overvalued in terms of the output they gives . People are frenzy over the stocks of Tesla.

They will try to make their own battery, battery is 40 % of total cost to manufacture electric car
 
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Elon musk had large crypo currency holdings . Maybe it has something to do with the bitcoin price explosion.
 
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Prob going to go down in the short term, then again lots of people are fucking retarded and there's lots of retard money going around.

All that matters is Tesla’s execution and continued innovation. Every quarter Tesla will set record after record. The stock price will follow suit.
 
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They will try to make their own battery, battery is 40 % of total cost to manufacture electric car

Battery producer business is very profitable, just search CATL or LG Chem profit.


https://www.reuters.com/article/us-...ent-in-ev-components-government-idUSKBN28M08H


Tesla teams to visit Indonesia to check on investment in EV components: government
By Reuters Staff
2 Min Read


JAKARTA (Reuters) - Tesla, the U.S. automaker, will send delegations to Indonesia next month to discuss potential investment in a supply chain for its electric vehicles, the government said on Saturday in a statement.

President Joko Widodo has touted Indonesia’s nickel reserves on a number of occasions, telling Reuters last month that “it’s very important because we have a great plan to make Indonesia the biggest producer of lithium batteries and we have the biggest nickel (reserves).”
 
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