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edhopper

(36,944 posts)
13. It's not share price that matters
Mon Mar 10, 2025, 11:10 AM
Mar 2025

It's the PE Ratio. The other auto makers have a PE of 6 to 10.
Tesla's PE is 80. When it is down to 10, the stock will be priced right. That is a 75% to 80% drop.

Share price is also due to total number of shares, which differ from company to company, that is why PE and Market Cap matter.

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