Tesla's Stock Had One of Its Best Days in Months. Here's Why It Popped
Tesla's Stock Had One of Its Best Days in Months. Here's Why It Popped
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Tesla’s $1.4 trillion valuation makes no sense until you realise it is not being valued as a car company. While BYD dominates global EV sales with cheaper models, Tesla trades at a P/E ratio of 270 because investors are betting on Optimus robots, Cybercab robotaxis, and AI. The risk is that these products barely exist, and Tesla’s spending $20 billion this year while car sales keep dropping. #Tesla #elonmusk #geopolitics #ai #techinvesting
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