David Nash on Nostr: nprofile1q…c48vs The P/E values of established car companies with a century or more ...

nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqdnn8lhve69yuy85zzcnl7aymzlr4t6dwhq55hkc4tzf3typen65ssc48vs (nprofile…48vs) The P/E values of established car companies with a century or more of experience and, now, multiple EV categories (Toyota, GM, etc.) are in the range 6-8 right now. Even if we granted Tesla more growth potential (a grant whose justification seems to be imploding very rapidly), that P/E is something like 10x too high.