Yeah I took the position that TSLA is way over P/E and Elon was shit talking Trump at the time and bought $280 puts for sept 17th in June. It didn’t work out at all
Lol thanks. What i meant is as the wage gap continues to grow wider we're closer to a 'slave economy' than ever which also means the value of manual labor goes down. A robot that sews or peels shrimp is replacing a s/e asian laborer that makes like $2/day? Not in this lifetime.
Forward P/E is 24. 2nd most profitable company in the world. Competitors are trading in the mid 30s. If it matches Microsoft's P/E it will be about $350. Google has a better long-term outlook than Microsoft IMO.