Yeah true! Nothing to be proud about though.., US Tech is produced mostly in Asia and Europe. TESLA just builds a huge factory in Germany.
And then there is the thing about craziness of US investors. Tesla has a 380 billion market capitalisation. They only built 365,000 cars last year. The company is worth 1,000,000 USD per car that they make. 😂😂😂
Well, I guess I stick with my BMW and Mercedes then. Enjoy the bubble as long as it lasts. I’m on the sidelines with the popcorn, waiting for the cheap stocks after reality kicks in.
Yeah true! Nothing to be proud about though.., US Tech is produced mostly in Asia and Europe. TESLA just builds a huge factory in Germany.
And then there is the thing about craziness of US investors. Tesla has a 380 billion market capitalisation. They only built 365,000 cars last year. The company is worth 1,000,000 USD per car that they make. 😂😂😂
Well, I guess I stick with my BMW and Mercedes then. Enjoy the bubble as long as it lasts. I’m on the sidelines with the popcorn, waiting for the cheap stocks after reality kicks in.
Don’t think of Tesla as a car company, think of them as a battery company that also makes cars.
Still... the valuation is insane!
100% yes.
A p/e raito of 1140... holy christ