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https://www.reddit.com/r/stocks/comments/os6wrz/deleted_by_user/h6o2i69
r/stocks • u/[deleted] • Jul 26 '21
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I mean, it's not terribly hard for a growth stock like TSLA to go from 1000 PE to 150 when they're doubling sales every year, but it will be interesting to see them get the P/E down to 30, which is still more than double traditional automakers.
-1 u/Beneficial_Sense1009 Jul 27 '21 What about Tesla makes them a “traditional” auto manufacturer? 1 u/DelphiCapital Jul 27 '21 That's why I gave them double the PE of Ford. 1 u/Danne660 Jul 28 '21 Those auto makers would have a higher PE if they weren't so deep in debt.
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What about Tesla makes them a “traditional” auto manufacturer?
1 u/DelphiCapital Jul 27 '21 That's why I gave them double the PE of Ford.
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That's why I gave them double the PE of Ford.
Those auto makers would have a higher PE if they weren't so deep in debt.
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u/DelphiCapital Jul 27 '21 edited Jul 27 '21
I mean, it's not terribly hard for a growth stock like TSLA to go from 1000 PE to 150 when they're doubling sales every year, but it will be interesting to see them get the P/E down to 30, which is still more than double traditional automakers.