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0 pointsrobbies19d ago0 comments

Words do mean something, and you could have taken 5 minutes of research to make a reasonable counterclaim

Tesla has an insane PE ratio because it’s a casino stock (~350x). As a comparison, NVIDIA IS 40x. SpaceX Is projected to be 300-500x. These are fantasy, completely unrealizable valuations. Similar to Enron, and Enron was over 70x. Enron wasn’t some surprise either.

Typically when PE gets out of whack, market analyzers dig into what is happening because it’s usually chicanery. No longer. Everyone is along for the ride.

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hellojimbo19d ago

PE has literally nothing to do with what Enron did which was accounting fraud + cashflow problems because they actually didnt make any money, in fact they lost tons of money and used future earnings in current reporting

j / k navigate · click thread line to collapse

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hellojimbo19d ago

j / k navigate · click thread line to collapse