Do you think Tesla is the most overrated company atm?

[Lynx122]

If you look at price to earnings ratio which is a good measure of how pumped up a stock is.

An average company is valued at about 16 times of the money they actually make.
Tesla is valued at 114 times of their revenue. They're valued higher than every other car company in the world combined while only being able to exist because chinese cars can't be sold in the U. S. yet.

The only reason Tesla is so hyped up is because Elon Musk comes out and says we're gonna sell 30 billion personaly assistant robots to every household in the world and some people actually believe that.

by the way in 2024 the amount of cars they sold went down from 2023 especially in the U. S. China and Europe the 3 biggest markets they lost market share in all 3 so yeah.

[exitseven]

I think the electric car thing has run out of gas. Tesla shipped 450,000 cars in the 4th quarter. I herd somewhere that they sell more electric cars that all the other companies put together. they must be doing something right.

[TheStaleMarshmellow]

Yeah. Until there's more charging stations to justify having one.

Gasoline is too convenient.

[goaded]

When I rented an EV for a few days there were enough charging stations, but most of them needed an app to be able to use them, which is stupid. I'm sure the vehicle could securely identify itself to the charger and an associated credit card or bank account charged.

I ended up using a more expensive charger which would simply accept a credit card and returning the car half charged to the rental agency.

[rachel776]

i wouldn't do it and i looked at the Mercedes EQS and the Cadillac Vistiq and they're just not for me. that Vegas guy had to stop 8 times to charge i would go crazy

[Abbycado]

Yup. Never driven one and can say it.

[Abbycado]

Fuckwit anons, huh? XD

Down below by the way

[strateguy632]

Liberals loved tesla and environmental until musk sided with trump. Now everyone attacks musk company. Pathetic.

[Lynx122]

What does that have to do with his company being overvalued?

[Anonymous]

Well I just sold my TSLA stock recently so...😆

[Lynx122]

good for you :)

[jamesgoldman]

Yeah, a rule I recall is if everyone is talking about it run away