Tesla is also unusual in having an extremely large P/E compared to the typical S and P 500 company. That means it's being valued on future expectations, not present realities. Expectations of the future can swing much more wildly than those for present based businesses.
Tesla is also unusual in having an extremely large P/E compared to the typical S and P 500 company. That means it's being valued on future expectations, not present realities. Expectations of the future can swing much more wildly than those for present based businesses.