Nikola: How to Parlay an Ocean of Lies into a Partnership with GM

Re:Nikola: How to Parlay an Ocean of Lies into a Partnership... by switch11 on Thursday September 10, 2020 @11:42PM (#24438981)

thank you for putting up this correction

There is literally no company on the planet that can justify a 896 PE

Let's see how long Tesla can keep things going with 1,000 PEs

They are projected (based on stock valuation) to take over all or most of

cars energy solar power

Which is quite an absurd assumption

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Re:Nikola: How to Parlay an Ocean of Lies into a Partnership... by reducesuffering on Friday September 11, 2020 @02:14AM (#24439682)

Plenty of companies have justified negative P/E, which is worse than 896, and still worse than even 10,000. In fact, their share price kept going up all the way until their P/E was strongly positive.

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