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[+] 8 points 1 year ago* (last edited 1 year ago) (1 child)
  • [–] 3 points 1 year ago*

    Yeah, if you compare their P/E ratio to any other car company....it was and is just nuts. They are in the triple digits last I checked, while many car companies are in the single digits/low double digits.

    It's gotten a tad bit closer to reality, but still needs adjustment, IMHO. I think the price of the stock should be at about 1/10th of what it is at now...I think a lot of it has to do with people buying into Musk's bullshit and whole lotta stans in the day trader manosphere.

    But it has a real Gamestop vibe to me....

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