tag:blogger.com,1999:blog-2992740250270600844.post694230917905527767..comments2024-03-24T05:26:32.964-07:00Comments on Advancing Time: Tesla's P/E Ratio Moves Past The Thousand MarkBruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2992740250270600844.post-74755095443498210192020-08-27T03:16:07.764-07:002020-08-27T03:16:07.764-07:00Tesla's market capitalization at the start of ...Tesla's market capitalization at the start of trade today is 401,270,000,000. They sold 90,650 vehicles in Q2 of 2020.<br /><br />Do the math: that's a stock value of $4.42 million per car sold last quarter, or at an annualized rate of 1/4 of that, $1.106 million per SALE for 2020, if sales in the other quarters average out to the same as in Q2.<br /><br />That's what happens when the Fed tosses $3 trillion of money into the stock market in a few months. It's like gasoline tossed on a campfire, it burns very brightly for a very short time, but is gone in a flash.Nemohttps://www.blogger.com/profile/06599986967062238913noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-33351399430661691942020-08-25T07:59:52.593-07:002020-08-25T07:59:52.593-07:00Have many of you seen the musical: "The Musi...Have many of you seen the musical: "The Music Man" from 1962. Robert Preston plays the Elon Musk in it. Watch the finale, like TSLA you've got to laugh: https://www.youtube.com/watch?v=ODu888i14-I For all of those investing in TSLA at PE of 1060/ I deeply hope Elon's visions come true. <br /> I sold my shares this morning. I couldn't take the stress anymore at my elderly age. Back to reading Kindle Books, walking in the garden, and driving into town for a banana-boat at the Dairy Queen.<br /><br />I won't short the stock, I don't want to risk the chance. I'll just watch the news and smile. It was a nice ride while it lasted, and walking away with two 2022 Roadsters is enough for me.hotgripzhttps://www.blogger.com/profile/02699998413932563283noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-25774355810591531262020-08-25T07:17:42.029-07:002020-08-25T07:17:42.029-07:00Tesla's valuation seems a bit over the moon co...Tesla's valuation seems a bit over the moon considering on Friday it closed for the second time over $2,000. With the stock at a whopping P/E ratio of 1,066 times earnings, Tesla sports a market cap of over 373 billion dollars. remove the word whopping, and put in "Ludicrous++"hotgripzhttps://www.blogger.com/profile/02699998413932563283noreply@blogger.com