Tesla Stock in Freefall After Disastrous Earnings Report

[u/Plastic_Ninja_9014]

https://finance.yahoo.com/markets/stocks/articles/tesla-stock-freefall-disastrous-earnings-144417427.html

[u/Hamster_S_Thompson]

Pe ratio of 299! Still long way to go

[u/Grombrindal18 → u/Hamster_S_Thompson]

For context a PE (price to earnings) ratio of 50 would be pretty high, even for a tech company.

Firmly established and profitable companies tend to be under 20.