P/e ratio is 188. The ceo has made himself deeply unpopular with many potential customers. Latest sales figures don’t look good. Chinese competitors sell more total cars and seem to have caught up in terms of tech.
Depends entirely on Cybercab. A driverless car can be made cheaper for a variety of reasons. If the self-driving tech actually works, and if it’s widely legal, and if Tesla can mass produce it at a low price, then they can justify that valuation. Cybercab is a potential solution to the problem that they need to introduce a low priced car to get their sales growing again but cheap electric cars is a competitive market now without much profit margin. But there’s a lot of ifs.
Is Tesla currently overvalued ?
P/e ratio is 188. The ceo has made himself deeply unpopular with many potential customers. Latest sales figures don’t look good. Chinese competitors sell more total cars and seem to have caught up in terms of tech.
Depends entirely on Cybercab. A driverless car can be made cheaper for a variety of reasons. If the self-driving tech actually works, and if it’s widely legal, and if Tesla can mass produce it at a low price, then they can justify that valuation. Cybercab is a potential solution to the problem that they need to introduce a low priced car to get their sales growing again but cheap electric cars is a competitive market now without much profit margin. But there’s a lot of ifs.