P/E ratio is still 280 for Tesla, while it's like 7 for Toyota. Tesla was valued at like $250 in April and after this report it was almost $450 and not far from all time high. It clearly had not gone down enough.
midas22
The Tesla stock is the biggest bubble we have ever seen. Short it on the market with the right timing and you will become filthy rich. It will crash, there's no way they can deliver to this valuation ever... the only question is exactly when. It's difficult to predict since it doesn't follow any logical rules in the short term.
It went up in the post market yesterday (completely insane) but today it's down again since it's following the rest of the market. The real valuation should be around $20 though so it's still... slightly overvalued.
I can rant for hours about all the insanely sketchy stuff they’ve done solely for a one quarter boost, and plenty of other stuff where their cost-cutting directly resulted in loss of life.
My favorite is how Tesla invested in Bitcoin in 2021 and started reported unrealized gains from its Bitcoin holdings in certain quarters when the price went up but then just omitted it for the next quarter when it was down. I believe that they have changed the laws regarding that now... if that matters.
Why would anyone use TikTok or any clone like that to begin with? Do they want their brain to rot?
https://fortune.com/2026/01/29/tesla-stock-price-pe-earnings/