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A comment on Panasonic sells its $3.6B Tesla stake. Parent comment

Re:Panasonic sells its $3.6B Tesla stake by belter on Friday June 25, 2021 @12:35PM (#27633052)
Lets add PE Ratios as of last Friday 24 June ....

Tesla: 674.98 ( !!!)

Volkswagen: 12.70

Daimler/Mercedes: 10.43

Ford: 15.52

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Re:Panasonic sells its $3.6B Tesla stake by nickik on Friday June 25, 2021 @02:15PM (#27634429)
PE Ratio is one of the dumbest most irrelevant ways to measure company. At one point Tesla had no PE, then it was 10k and one quarter later it was 1k.

Evaluating growth companies with PE is idiotic.

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Re:Panasonic sells its $3.6B Tesla stake by belter on Friday June 25, 2021 @05:17PM (#27636381)
I did not claim this will be the single data point.Of course is not to be used without additional information. Warren Buffet also stated you should not rely solely on PE.

It is a starting point, and the difference is enough, to justify a statement that Tesla is overvalued.

Are you saying Tesla is not overvalued ?

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