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Breaking news on autonomous driving! Waymo is about to start international testing, with Tokyo as the first destination.
Waymo, a subsidiary of Alphabet, announced that it will begin testing its autonomous taxis in Tokyo, Japan, in early 2025, marking the company's first step towards international expansion.
liquidityHunter : no, but it will go up anyway
爱玩火的老陈 : Doesn’t make sense at all
DoRaeMi : US market is forward looking, depend on how u look at it. When Tesla is at 140 dollars around 25-30PE, ppl though it is just an EV business, same PE as apple. People just dump this EV stock, because Elon also give a bad guidance for the year.
Amazon use to have a PE of 100, now apple have 40PE. Apple can be use as base PE for comparing stocks with not much future development. And Nvidia use to have 200 PE, price of 200-400 dollars before it hit 1400 dollars, presplit 10 is to 1.
And palantir have 300 PE++, which is even more ridiculous. i
If u ask me if Tesla is cheap as compare to other stocks, I can say safely it is cheaper than palantir and Nvidia(back when it is 200 -400 dollar). Tesla is never a cheap stock, always at a premium PE, around Amazon PE of 100.
When it is having same PE as apple, it means economy is bad, that is when u can buy in Tesla as much as u can. Right now, it is up to your judgement, not financial advice