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DevX101
24 days ago
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Tesla falls after Commerce secretary recommends bu...
A big part of TSLA's valuation was being a meme stock. Was never actually worth $1T.
bryanlarsen
23 days ago
[–]
At one brief period of time, TSLA had an annualized P/E of 40 and a CAGR of 50%. Those were not unreasonable numbers.
But with it's now negative CAGR, P/E should be in the range of 10 or so.
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