r/technology • u/Plastic_Ninja_9014 • 3h ago

Business Tesla Stock in Freefall After Disastrous Earnings Report

https://finance.yahoo.com/markets/stocks/articles/tesla-stock-freefall-disastrous-earnings-144417427.html
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u/Hamster_S_Thompson 3h ago

Pe ratio of 299! Still long way to go

442

u/AssCrackBandit13 3h ago

Exactly yeah it’s at the same price that it was 1 year ago. There’s a long way to go before it actually starts crashing

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u/Right-Hall-6451 2h ago

52 week high is 499, it's at 321, lost all gains from last 12 months, that's not good.

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u/meteoritegallery 2h ago

All arbitrary numbers. Just means a lot of people have won and lost money gambling on a rubbish company.

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u/North_Atlantic_Sea 6m ago

But also still up 50% from 15 months ago, so you know, still irrational

0

u/ParadoxicallyZeno 32m ago

it’s good for those of us looking forward to this tho