jqpabc123 a day ago Maybe Musk has reached the obvious conclusion --- Tesla can't compete with the Chinese auto manufacturers in the global marketplace.TSLA is no longer growing and the stock is outrageously over priced.The P/E ratio for most global auto manufacturers is around 10. The P/E ratio for Tesla --- 170.Stocks go up like stairs, one step at a time. They go down like an elevator --- controlled freefall.The elevator is waiting for Tesla with the door open.
Maybe Musk has reached the obvious conclusion --- Tesla can't compete with the Chinese auto manufacturers in the global marketplace.
TSLA is no longer growing and the stock is outrageously over priced.
The P/E ratio for most global auto manufacturers is around 10. The P/E ratio for Tesla --- 170.
Stocks go up like stairs, one step at a time. They go down like an elevator --- controlled freefall.
The elevator is waiting for Tesla with the door open.