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Tesla Stock Price Has Fallen From $498 to $352 — and the P/E Ratio of 336 Is Making Everyone Nervous
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Tesla Stock Price Has Fallen From $498 to $352 — and the P/E Ratio of 336 Is Making Everyone Nervous
The first thing that stands out outside Tesla’s Gigafactory in Austin, Texas, is the size of the operation: the parking lots that stretch farther than seems reasonable, the delivery staging areas where completed vehicles wait in rows before moving into distribution networks that span continents, and the sheer physical presence of a manufacturing facility that employed tens of thousands of people but didn’t exist a few years ago. The situation is…
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