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Originally Posted by hayden55
Thats not a good analogy. If you take away Teslas stock they are also worthless. Their P/E ratio is like every other tech stock. Awful. I like Elon though he is full of great ideas and is usually a front runner that jump starts a new industry.
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Tesla's P/E is 34.5 at the moment. That is overvalued even for a tech stock. Apple is 20.9, Microsoft is 24.9, Alphabet is 17.5
However, Tesla is an auto company not a tech company and auto companies trade at less than 10 P/E