I just saw a post that said Tesla stock is only worth 1/5 as much as it’s valued as. It doesn’t make sense to me.
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Look at their competition.
Ford stock (F) is 12.7 times their earnings
GM stock (GM) is 5.16 times their earnings
Toyota stock (TM) is 10.94 times their earnings
Honda stock (HMC) is 10.67 times their earnings
Tesla stock (TSLA) is 73.61 times their earnings
One of these things is not like the others.
Tesla trades more like a speculative tech company than a large car manufacturer, and many investors wonder how long that can last.
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