A while ago I’ve written an essay about What People Don’t Understand About Tesla. This piece is a continuation of this exploration. Tesla is currently valued at 10x Price-to-Sales, and Trailing Twelve Months Price-to-Earnings of 743. This makes Tesla grossly overvalued, right? In the short term, definitely yes. But is there a way this valuation…
Tag: Full self-driving
What People Don't Understand About Tesla
Note: This is not investment advice. At heart, I’m a value investor, and Tesla is no value investment. I view it as a binary venture-type bet. I am a shareholder. This is part 1 of my exploration of Tesla. Read part 2 here. I believe that Tesla is one of the most misunderstood (and most…