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I used to cover the auto industry. Traditional multiple for automakers is 8x. Dogs like $General Motors(GM.US$ are worth 5x. $Tesla(TSLA.US$ currently trades at 40x, and that's after being down all year.
Even if you give $Tesla(TSLA.US$ massive credit for FSD, EV innovation and AI, I still don't see how you can justify the stock trading more than 30x when companies like META trade at 32x.
Which is a long way of saying if deliveries are down again tomorrow, ...
Even if you give $Tesla(TSLA.US$ massive credit for FSD, EV innovation and AI, I still don't see how you can justify the stock trading more than 30x when companies like META trade at 32x.
Which is a long way of saying if deliveries are down again tomorrow, ...
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$Tesla(TSLA.US$ i thought tsla can hit 200 end of week zzz
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$Tesla(TSLA.US$ Still very cocky, couldn't hit 187 in an instant
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$Tesla(TSLA.US$ Chase it a little more times to add points
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$Tesla(TSLA.US$ Another short order pulls back the 254.2 stop loss
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