AnonomousWolf@lemm.ee to No Stupid Questions@lemmy.ca · 3 days agoHow is TSLA stock still up from where it was a year ago, if its sales have plummeted so much?message-squaremessage-square19fedilinkarrow-up134
arrow-up134message-squareHow is TSLA stock still up from where it was a year ago, if its sales have plummeted so much?AnonomousWolf@lemm.ee to No Stupid Questions@lemmy.ca · 3 days agomessage-square19fedilink
minus-squareZachariah@lemmy.worldlinkfedilinkarrow-up65·3 days agoStock value is only loosely based on reality.
minus-squareHiggs boson@dubvee.orglinkfedilinkEnglisharrow-up8·3 days 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.