Tesla’s astronomical price-to-earnings ratio of 189 is meme-level, while competitors like Microsoft and Amazon sit around 39 and 37. With EV competition rising and Tesla’s sales falling, the hype may not be enough to justify its valuation.
Tesla’s astronomical price-to-earnings ratio of 189 is meme-level, while competitors like Microsoft and Amazon sit around 39 and 37. With EV competition rising and Tesla’s sales falling, the hype may not be enough to justify its valuation.
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