I’m a fan of the company, the products, and Elon. I think everyone agrees they are the market leader and will continue to lead the way in the EV arena for the foreseeable future. But a stock price of $695 per share (Friday’s close) gives them a PE ratio of 1,328. So my big question is this - are you long on Tesla? Do you think the price will settle back into some resemblance of rationale? I’m personally long on Tesla but only a small percent of my portfolio. Would love to hear your thoughts.
Submitted December 19, 2020 at 04:41PM by gunsoverbutter https://ift.tt/3h6MKaa
