I was looking at Tesla's P/E of 94 and yet they say Apple's P/E is too high. Tesla is really exciting investors with Robotaxi but many of the people who went to the event came away disappointed, saying it was nothing special. Most people aren't that hyped up over Waymo vehicles yet investors are going crazy over Robotaxis. Go figure. Not even one Robotaxi is on the road making money. I suppose it's great to have a popular CEO that can keep pumping a company's value to new heights each day. I can't even imagine autonomous vehicles being practical in NYC, especially in the winter.
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.