Tradehub
2022-05-19

$Tesla Motors(TSLA)$Price now at $700 is still overpriced. Look at its PE ratio at 95 itstoo high. A good PE ration is around 25 to 35. Anything with PE above 35 is too ex for me. You can't just base how much percentage% it have fallen from previous high.  

And this current price is still on future projection. Nothing is proven yet. There are majorcar makers that can easily switch to making more EV and grab a big share of Tesla EV market. Because not everyone wants to own aTesla.

Yup you can still argue that Tesla is not onlya auto car marker. It is a Tech company withSpace Ex and future driverless car. It's still too early. I shall wait for it to go down to a fair value, don't want to FOMO.

@TigerStars

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Comments

  • Liang0020
    2022-05-19
    Liang0020
    Actually Tesla is not the only one suffering a great pain in April and May. But Tesla is the top oneπŸ˜‚πŸ˜‚πŸ˜‚
    • Tradehub:Β 
      I mean if at $700 the PE Ratio at 30 i will buy Tesla. But Tesla PE is 95 way too much.
  • Fatfish
    2022-05-20
    Fatfish
    In this market, bad times for all stocks. Especially growth stocks. Tesla have a bigger punch due to Musk-Twitter saga, and now being kicked out by ESG
  • Lionel8383
    2022-05-20
    Lionel8383
    A high risk stock with so much potential for downside.
  • XianLi
    2022-05-19
    XianLi
    EV sector seems to hit a bottleneck. Tesla bears the brunt of it. The sell-everything emotion has been dominant over market....
  • sadsam
    2022-05-19
    sadsam
    Yup! The price is too high. Combined with Twitter's issue from Musk, Tesla is still under great pressure.......
  • JmS
    2022-05-20
    JmS
    Lots of people who will disagree!
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