Tesla is in a very peculiar position as an automaker, P/E ratio (price of the stock compared to earnings) is extremely optimist regarding the potential, with self-driving, robots and overall market dominance.
But all of that is not real, it is, at best speculative, and the cars themselves are not great, especially when compared to other EVs.
The huge valuation of Tesla will crumble dramatically as soon as investors stop believing the promises. And having poor/declining or even stagnating sales is very likely to trigger some close scrutiny and doubts.
But all of that is not real, it is, at best speculative, and the cars themselves are not great, especially when compared to other EVs.
The huge valuation of Tesla will crumble dramatically as soon as investors stop believing the promises. And having poor/declining or even stagnating sales is very likely to trigger some close scrutiny and doubts.