AnonomousWolf@lemm.eeBanned to No Stupid Questions@lemmy.ca · 1 month agoHow is TSLA stock still up from where it was a year ago, if its sales have plummeted so much?message-squaremessage-square19linkfedilinkarrow-up136arrow-down12
arrow-up134arrow-down1message-squareHow is TSLA stock still up from where it was a year ago, if its sales have plummeted so much?AnonomousWolf@lemm.eeBanned to No Stupid Questions@lemmy.ca · 1 month agomessage-square19linkfedilink
minus-squareZachariah@lemmy.worldlinkfedilinkarrow-up68arrow-down1·1 month agoStock value is only loosely based on reality.
minus-squareHiggs boson@dubvee.orglinkfedilinkEnglisharrow-up8·1 month agoP/E, more specifically. Share price is only loosley related to earnings per share. In theory, we should infer that the market still thinks TSLA is going to grow earnings per share by at least 140% annually. That seems… unlikely.
Stock value is only loosely based on reality.
P/E, more specifically. Share price is only loosley related to earnings per share. In theory, we should infer that the market still thinks TSLA is going to grow earnings per share by at least 140% annually. That seems… unlikely.