$Tesla (TSLA.US)$Why is Tesla stock often said to be overval...

Tesla hits five-month low: Are the glory days gone?

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FibonacciBlu joined discussion · Oct 30, 2023 12:06

$Tesla(TSLA.US)$ Why is Tesla stock often said to be overvalued for its price?

Because on current performance Tesla Stock is massively overvalued!

Tesla has a current Price to Earnings ratio of 189:1

For a normal company that is operating in a normal market that is far too high - think of it as a bank giving you interest on your deposit

189:1 would be a 0.5% return - and NOT a reasonable return

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