- Jun 6, 2012
- Reaction score
- In the woods of New Hampshire
I hope you bought a bunch of TSLA when it was down. Here's the big question investors continue to wrestle with...
Disclaimer: I own no shares currently but have owned TSLA in the past.
Long term my friend, long term..
Here’s the new toy that will bring Tesla and Elon Musk to the next era, I think this is a huge ticket:
It's still a question of eventual valuation for most investors. Tesla right now is trading $60 above Toyota, with a p/e of 57.64 versus 10.56. It's five times riskier. That's a lot of anticipated return. Meanwhile, the average auto industry stock p/e right now is 14.07. Cathie Wood and Adam Jonas and others have extolled the future price and stroked it up to such high predicted future levels, it gives one pause. Because it would be a long fall from here to just another car company, and competition is increasing. We'll see what happens.