$Tesla Motors(TSLA)$ As GTR said below, it's a riddle to why many analysts keep on looking at Tesla true their pink glasses. So here we are, one year has passed since August 2023. What has happened in China for Tesla? Their market share has shrunken and after a severely bad July they recovered in August 2024. Recovered <> Seriously grown, as how it should have been to justify it's massive P/E and the P/E will even increase because they only managed to sell about the same amount as last year after having granted big discounts on their cars. How can you be bullish on this stock? Maybe I should admire the investors positive look on things, but unfortunately I'm a realistic kind of guy.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
