- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
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That probably means it’s a good time to buy the stock tbh
Not really. It still has a price to book ratio of 9.10, which is still ridiculous for a car company.
For comparison:
Toyota is 1.21
Ford is 1.05
Honda is 0.66
VW is 0.38
Nissan is 0.36
The price-to-book ratio, or P/B ratio, is a financial ratio used to compare a company’s current market value to its book value (where book value is the value of all assets minus liabilities owned by a company).
Hmmm looks like all the Tesla speculators jumped on the Nvidia train. Always the danger of gambling on these tech hype stocks.
I’m still in complete shock and awe at this. I honestly don’t understand how anyone plans to cash in on the AI hype. I see very few practical applications.
A lot of words to say “my imagination is non existent”
People shouldn’t throw their Teslas in the water, whatever the way the stock performs.
How else are we going to electrify the eels?
They’ve got one of the highest P/E ratios on the S&P. Pretty much the definition of overvalued.
But the short-sellers have been burned so many times, its stayed inflated long past its peers throughout the rest of the tech sector.
