Oh, I don’t doubt it for a minute. I’ve been giving that P/E ratio side-eye for years and years and I have no idea why people were wanting to buy some meme stock at ATHs because they just saw it go up (well, I do know, that’s largely how human psychology works, I guess. FOMO and figuring that looking in the rear view mirror is a great way to buy stock).
VW has an EV, P/E ratio in single digits now, though it has apparently spiked in 2016 to triple digits. Ford also has an EV, same thing, P/E ratio of single digits, though they have crept up to double digits in the not too distant past.
P/E ratio of TSLA in March 7, 2025 - 161.23. That’s still insane, but if you look back, they had P/E ratio over a 1100!
It gets even worse when you watch videos like the ones thunderf00t has put out there on fElon…
Oh, I don’t doubt it for a minute. I’ve been giving that P/E ratio side-eye for years and years and I have no idea why people were wanting to buy some meme stock at ATHs because they just saw it go up (well, I do know, that’s largely how human psychology works, I guess. FOMO and figuring that looking in the rear view mirror is a great way to buy stock).
VW has an EV, P/E ratio in single digits now, though it has apparently spiked in 2016 to triple digits. Ford also has an EV, same thing, P/E ratio of single digits, though they have crept up to double digits in the not too distant past.
P/E ratio of TSLA in March 7, 2025 - 161.23. That’s still insane, but if you look back, they had P/E ratio over a 1100!
It gets even worse when you watch videos like the ones thunderf00t has put out there on fElon…