Snake oil is right
James E
Posts (841)
Elon can promise anything it does not happen he said in 2016 autonomous cars by 2020 Waymo beat him
Cabot believe the PE 199.57 for a car company this is ridiculous Even with robots this is over priced they are behind on autonomous Waymo is way ahead of them there sales are down earnings down 34% this does not make sense this stock will fall hard when it does a 100 a share is too high and a CEO taking 59 billion a year this is a joke
Big short coming
Musk might return but the damage is already done behind on everything and sales down around the world
All though musk has been kicked off every company board except Tesla and they are sinking further and further can’t seek a cyber truck and the world is buying BYD 45 million units compared to 1.47 million teslas how can this stock have a 190 PE and 180 forward PE no growth potential
Look at the year chart earnings stink they are loosing market share and behind on everything they are doing compared to autonomous and robots it is like NVDA compared to intel and Tesla is intel Waymo has 10 million rides already Kuka and Fanuc are further a head on robots this is a joke 190 PE it should be 24 PE I see this going back down tremendously last time musk said he would have autonomous cars was 2016 and on the road by 2020 five years late and Waymo has them beat I would not doubt of car companies being ahead of Tesla just not announced yet
Set to go back to 318 by the year chart
Needs 3 bottoms before I take a look at getting back in
Take the money and run
