b34r
:
Not going to predict the price here. Just want to point out that Tesla's PE at the current price of $663 is 90. The average PE for S&P is 15, for NASDAQ is 20. Going by PE, Tesla is still quite expensive even at half the current price.
If the market decides to be less forward looking after a few rate hikes, Tesla's price has a lot of room downwards.
樂於助人的列得 : How do you know below 450?
SunBird 樂於助人的列得 : That's a good question. How do you know 450?
glenntey : elon said so
b34r : Not going to predict the price here. Just want to point out that Tesla's PE at the current price of $663 is 90. The average PE for S&P is 15, for NASDAQ is 20. Going by PE, Tesla is still quite expensive even at half the current price.
If the market decides to be less forward looking after a few rate hikes, Tesla's price has a lot of room downwards.
71146595 : Well, you guys go short him and make a lot of money.
chungyap OP : Just listen. I didn't ask you to believe.
chungyap OP : Nothing is impossible, only you can't think of it.
Silverbat : Not that low, probably 550-600 in next few months. We can find much better and cheaper than Tesla.
chungyap OP SunBird : Do you know it now? More than 200
chungyap OP 樂於助人的列得 : Did you make it there?
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