E

humanbeing21

They plan to have a car in every addressable vehicle segment, including a $25,000 car, while relentlessly trying to improve production efficiency and car quality. In my opinion, they are leading the self-driving race. I believe they will be first to autonomous vehicles some time this decade. That will increase margins dramatically. Even if they don't reach full autonomy, their leading software should increase margins. I think they currently have a manufacturing advantage as they are the only auto company that can produce profitable EVs in large volumes. For example, the Mach-E is a decent car. But when will Ford produce it large volumes? What is their margin? Last I heard Ford plans to produce 80,000 BEVs in 2024. Tesla will produce well over 2 million. Tesla currently has other advantages like their fast charging experience with their own world-wide charging network. Tesla's fast charging experience is light years ahead of the competition I believe Tesla's software prowess, manufacturing efficiency and pace of innovation are their sustainable competitive advantages.

BossDeeJay

Honestly it's on the "fair" side of comp too... The high end is closer to 500-700k TC a year depending on how your RSU appreciate and what level you are. Comp I suggested is fair for E5 engineer (senior level).

The_Mad_Fapper__

The P/E is still very high compared to historical levels. Something like 48 right now. If you look at the last 20 years it tends to be in the 15-30 range cyclically. Until it returns to a more sustainable level don't expect any large gains the stock got a head of itself.

ChampagneWastedPanda

Listen to “All In” podcast E:52 about 14:00 in for a discussion on 🥭

DestroyerOfToilets

The P/E on Tesla is fucking comical, I love it

atict

E-T-H+E-R-E-U-M. 20K by March. Fuck the boomer system your fucking 23 live a little.

fStap

I've been using E-Trade for years. Their Power E-Trade platform is pretty good and you can trade stock and options. I have a Roth IRA and an Individual Brokerage account with them.

compound_gains

Q3 report. We forecast Q3 revenues of NOK1,917m, up 49% YOY: NOK1,509m from passenger revenues, NOK333m from Ancillary and NOK76m from other. We forecast a Q3 EBITDA of NOK152m. There is no updated consensus on EBITDA. Our forecast is in line with the company’s guidance of a cash flow-neutral operation in H2 and cash position of NOK7bn. 2022 to gain focus following a significant increase in bookings. At end-Q2, Norwegian had NOK1.1bn in air traffic settlement liabilities. However, since then, Norwegian has started selling the summer season for 2022 and travel restrictions have eased, supporting a significant increase in bookings. Our proprietary credit card tracker points to a significant pick-up in travel spending in the past two weeks with total spending above 80% of the 2019 levels. Slight estimate cuts on higher fuel costs. Our EBITDA for 2021e and 2022e is down by NOK36m and NOK75m, primarily on revised fuel assumptions (USD680/mt, USDNOK8.8). Our forecast reflects a CASK excluding fuel of NOK0.39, in line with Norwegian’s guidance of CASK excluding fuel of NOK0.39–0.40. BUY reiterated, short-term target price of NOK16. The stock is trading at a 2022e P/E of 11x, broadly in line with historical levels. At our target price, it would be trading at a 2023e P/E of 14x, a slight premium to the peer group’s 12x. We believe a premium is warranted due to the significant value potential not reflected in earnings or the balance sheet from: 1) a potential settlement with Boeing (we forecast cNOK2/share); 2) a potential sale of Gatwick slots (we forecast >NOK0.5/share); and 3) reduced credit card acquirers’ holdbacks (<NOK3/share).

GrownUpTurk

E-trade. No restrictions on OTC. Schwaab and TDA screw ya over with restrictions and force ya to buy at higher prices.

MvCSpiderman

It's irritating how sometimes the E-Trade app will go 10-25 minutes after open with all options for every stock at $0.00 because their team of incompetents can't update in real time. By then everyone's in the pumps already.

Whoopiskin

G H E T T O. I saw roaches running

InForShortRidesUp

E\*Trade does not allow market orders outside of regular trading hours. Other brokerages do?

gopoohgo

I dunno why they are confident, though. International travel has been gutted (and it's the slow season for TATL anyways), thus decreasing the market for the 787 derivatives. IIRC Emirates was mega pissed regarding the delays on the 777Max (largest customer of the current 777s and the largest purchaser of the 777Max). And the 737 Max still has a group of fliers that are "avoid at all cost". Southwest uses it for the BWI-LAS (Baltimore-Las Vegas) route and if you go on Flyertalk there are STILL folks who would rather divert to other cities than fly on the max. The Pegasus still has production delays IIRC. The F18 is continuing it's slow decline. They did get good news that the Air Force is thinking of replacing the E-3 Sentry fleet with the E-7 Wedgetail.

ElectricPance

A) Don't live in Florida B) Leave before the storm comes. Hurricanes are slow. C) There are chargers everywhere now. D) This isn't any different that gas stations during disasters. E) If you drive !\~slow, you can go 500+ miles with a single charging stop depending on the car.

OliveInvestor

This is the way. Have used accounts at Vanguard, E\*Trade, and TD, and TD is far superior to Vanguard for active trading and been happier with customer service at TD vs E\*Trade

BigRed323

It’s not as fun to passively manage. Some years I beat the market and some years it beats me buy personally I enjoy the challenge. My 401k is passively managed but my E*Trade account is all stocks and options.

asdfadffs

What you look for is called Valuation models. For example one of the most popular valuation models is the discounted cash flow model (DCF). Its an estimation of a company’s discounted (back to present value) future cash flows + terminal value. The total sum is divided by the number of shares and voilà you got a theoretical share price. Many researchers (mainly in academia) also work with multivariable regression models which uses share price as a dependent variable. The independents are countless variables related to the company but for example a model could look something like this: Y = i + B1*Firm size (dummy var) + B2*D/E ratio + B3*Revenue + B4*Earnings + B5*Trading volume + e These models are used mainly to identify the drivers behind stock prices. There are also predictive models within the same field that estimates future movements, a good algoritm for this is worth millions. Needless to say, for the latter you need some knowledge of statistics. For the valuation models I recommend a book on corporate finance and one on valuation.

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meepstone

Tesla produced 499K cars in 2020. They are going to produce 900K this year from the looks of it. That is an 80% increase in vehicles produced and sold, with two more factories going live in a few months. &#x200B; There profit margins are increasing as well. The upcoming 4680 battery is 69% cheaper than the current battery they use, more profit margins The P/E can keep going down, it just depends on the stock price. But one thing is for sure, Tesla revenue and profits will keep climbing when you go from 2 factories to 4.

delucaIII

Yeah, in theory this is all "not good", but actually bullish for equities. More money >>> Prices of things Rise >>>> P/E rises Cheap interest >>>> More debt >>> Debt into equities Gotta think outside the box. Inflation is indeed happening, don't trip on that. So for a hyperbolic example, look at the Venezuelan stock market denominated in their currency. Does the opposite of go down.

winpickles4life

TARGET MARKETS Spacemobile is not a direct to consumer company, they are operating using a super wholesale B2B model. They plan to work with leading MNOs who own expensive spectrum (US spectrum auctions netted 80B) and fill in their network gaps. This will be game changing for people in developing countries who have no connection at all. Spacemobile will enable MNOs to offer plans at all price points to provide 2G service such as text, 3G voice, 4G LTE, and 5G packages and a la carte service. These are the people who will never be connected through a $500 receiver and laptop, but can afford a used phone for $10 and buy minutes, text, or data. In affluent counties subscribers can add roaming data packages with their carrier or enroll in a day pass through a text prompt. Total addressable market is anyone with a cell phone and those who live in developing countries without tower coverage, about 5 billion phones globally. Potential secondary market opportunities include powering IoT devices are very low cost, providing disaster coverage, secure gps service for military/governments/enterprises, frequency jamming for military applications, police tracking, maritime communication, smart cars, smart logistics, drones, and much more. Mobile data usage is growing exponentially at over 40% per year. Even in developed countries where home internet is common, mobile data has already surpassed home internet usage for users under 50. Spacemobile satellites have a much lower cost per gigabyte than a terrestrial cell tower due to their high vantage point, no leasing cost, and free solar power. Despite this advantage, satellites are not the solution for dense cities where it would be impossible to allocate enough spot beams to cover everyone. REVENUE Spacemobile is operating under a super wholesale business model where revenue is split 50:50 or better with its MNO partners. This is a brilliant strategy because the MNOs are paying billions for spectrum licensing, terrestrial infrastructure, customer acquisition costs, lobbying, and administration. Revenue is projected to start around $180 million in 2023 rapidly growing to $16.44 billion in 2030. EBITDA margins are projected to be above 96%. Total investment in the constellation is expected to be $3.3 billion by 2028 with a service life of 10 years means capex/revenue is 2%. Since mobile data grows at 40% annually it can be inferred that revenue would likely follow a similar trajectory after the initial growth phase. Phase 1 will include equatorial regions with 20 satellites covering 1.6 billion people. Many of these people in South Asia, Africa, Pacific Islands, and South America do not have access to cell phone service where they live. Spacemobile has memorandums of understanding with MNOs representing 80% of this population, 1.3 billion people. In developing countries primarily talk and text will be offered while in more affluent countries higher price/data packages will be offered. The financial projections expect to have 180 million subscribers in this region or 11% market penetration. Pricing plans developing countries will likely range from $.75 to $2 and be offered along side a la carte plans offered via text when leaving tower coverage. Average revenue per user (ARPU) for the equatorial region is estimated to be approximately $1 per month according to the investor deck. Revenue is forecasted to be $181 million in 2023 and $1.07 billion in 2024. Phase 2 will provide coverage across the rest of the world to the remaining 5 billion people (China and Japan excluded). In developed countries pricing plans could range from $5 - $25 monthly depending on the speeds and monthly data required, likewise day passes will be offered ad hoc for users exiting tower coverage. 11% market penetration is assumed as well for this remaining segment. ARPU for developed countries is estimated to be $7.6 per month in the investor presentation. In 2028, when phase 2 should be completed, revenue is expected to be $12.4 billion. Rakuten will have unlimited usage rights in Japan in exchange for $500,000 annual payment and the usage of their software. VALUATIONS Valuation is subjective to many variables, assumptions, discount rates, and timeframes. Barclay’s has a $29 price target for 2021 and Deutsche Bank has a price target of $35. Both recommendations use high discount rates and reduced assumptions about future margin and probabilities of success. Taking the 2030 revenue projections verbatim we can roughly assume that the market cap would be about 263 billion given a modest 16 P/E multiple. Given about 211.5 million shares, assuming warrants (17.6 million outstanding) are the only dilution, you get a future share price of $1,243. This would represent over 120x return to the current share price (current price of $10.08 at a $1.8 billion market cap). Revenue projections could easily be lower or much higher than management anticipates. The current market cap of ~$1.8 billion looks very attractive when compared to similar satcom companies like Starlink, currently valued at $80-$90 billion, who has a smaller potential customer/revenue base and may not be cash flow positive until 2030 (Spacemobile expects to be cash flow positive in 2023). Additionally, Spacemobile has about $400 million cash, a valuable patent portfolio, andg 51% stake in NanoAvionics (a satellite manufacturer/operator who plans to get 30% nanosat bus U.S.market share).

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jollyradar

So play this out: Elon needs $40B cash. He sells 40m shares of TSLA (4% of company) Stock starts to sell-off on volume and insider sales alerts. Retail takes the real hit. Pelosi takes a huge hit. Earnings plays would now have to factor in Elon’s forced tax sales for share price. E.G. - “Tesla made $1b profit this quarter, which means The stock will go up 5%. But Elon will have to sell to pay taxes on his 5% gains, which will drop the price 7%...” Elon is now worth less by making more.

Lagarto69

Interesting.. I wonder if you had a US broker like E-trade for example, if they would still do it even living outside of the US. The only foreign taxes I’ve ever had withheld are from dividends.

BTCRando

Ah, but there is a third. If you talk to a rep they will waive it one time (E*TRADE does it).

ptwonline

Very high P/E means there is more risk because you are paying for profits that are uncertain because they are so far off in the future. Even moreso for a company like Tesla that seems to be getting a lot of it's current value from revenues streams that currently do not or barely exist right now, and are not gauranteed to ever return much if anything. Tesla may indeed successfully grow into its valuations and make the risk-taking investors a lot of money,. Just please be aware that there IS a lot of risk, and so you'd better be getting a potential high level of return for it.

TwoTestTicklz

I think the catalyst that matters here *is* the merger. The first opportunity for you and I to get exposure to one of the fastest growing market segments out there and with the biggest name in the game at that. You may well be right that this loses steam and slumps back to 10, but there nothing in that article that i see as a red flag that *isn't* present in any of the 'hot' space related spac deals that folks love. I think we are generally undervaluing the weight this brand carries and the argument that companies can't be successful with a consumer that's under 18 is silly (see Roblox). I think a large part of this is the timing - that the market is growing more forgiving / welcoming to these kind of speculative opportunities and E-sports is really starting to make a splash, even if us older guys haven't tuned in just yet. I admittedly know nothing about a crypto scam and think crypto is generally one big scam (lol), but that hasn't stopped it from being one of, if not the best source of financial gain in history. Really interested to see where it goes from here and just think the risk / reward on this one is a no brainer!

Crucial_Cash

Amy C or Jimmy E

Scion_capital_intern

C R E A M - Nancy

aleagueofhisown

Intel the company is fine. The problem is their stock gets no love. Check out Intel's historical P/E. Even when Intel was dominating amd n amd was about to go bankrupt, Intel's P/E was still in the same range like 7-9 range back in 2012

CryptoIsAFlatCircle

!remindme 5 years “P/E > 100?”

Improof

I bought several Jan 2022 calls back in June 2020. Oil is a good play for the next several years, especially E&P companies

tx469

I use Schwab and E*Trade. Similar fees for both and the tools vary by provide, but but both work well and provide good user assistance.

CallinCthulhu

P/E is not linear. To get down to a 22 P/E it requires 500% growth in profit. Which is more than the 300% growth it took to drop it from 2000 to 500.

CallinCthulhu

Cool. But TSLA would have to increase their profits 500% in the near future to justify this P/E. Which would be possible if they were a software or service company, which scale much easier and have high margins. TSLA makes cars, a low margin business with a long lead time and heavy capex required for manufacturing. The only thing that could justify this is full self driving technology, but TSLA is not cracking that any time this decade.

CallinCthulhu

Yes it matters because stock valuation is not arbitrary. It’s based off the value a company can return to shareholders in the future and therefore based on profits. Could TSLA justify its P/E, sure. But I’m not betting on them owning the vast majority of the car market or cracking self driving vehicles first.

GigglegurRabbit

In order of preference, 1. BB, 2. GME, 3. AMC. As you say BB is not necessarily even a meme at this point. Plenty of topside gamma in play to fuel a rip. GME is a bit meh, but at least positioning looks pretty clean to me. AMC I think will break to the downside. The reason for this is that both the C and E legs of the triangle are non-overlapping 5 wave moves. That says the trend is lower.

Dmoan

Asia slowing down and not much room in upside considering the P/E ratio it is trading at.

Ok_Two_7547

Like Wall-E? Rolling up in the rascals!

HbRipper

The Bull case….. intel is trading at a P/E of around 9 compared to its competitors…. AMD at 42 and NVIDia (not as close but…)at 80. Intel is consistently buying back shares while AMD continues to issue more (although one could argue AMD is doing the right thing by issuing shares at such a high price). I can go on with some more information, but you can look it up if you like. I would say in short, intel seems like a long term buy from a value investor standpoint. Here’s a short video from some people I watch from time to time that may expand on my points https://youtu.be/zYPSiYNsrtE

colonelclusterfock

You can look up financials for the stock, it isn't generating income yet. https://www.bloomberg.com/news/articles/2021-10-24/meet-the-mexican-dealmaker-in-shanghai-behind-trump-s-spac-deal https://www.abi.org/feed-item/examining-donald-trump%E2%80%99s-chapter-11-bankruptcies https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1SD2R4 https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html https://www.forbes.com/sites/steveolenski/2015/11/24/donald-trumps-real-secret-to-riches-create-a-brand-and-license-it/?sh=24b7b46d3622

UsernameINotRegret

I prefer PE ratio to determine the valuation as that accounts for Tesla's high margins and profits compared to other automakers. My model says 20M vehicles sold in 2030 at $36,000 ASP and 30% gross margin gives $216B gross profit. Say OPEX is 5.5% of revenue then net income is $140B and EPS is $115. A P/E ratio of 60 to match Amazon, a similar high growth, innovative tech company gives a stock price of $6,900 and a 578% upside in 9 years. That's just automotive though, robotaxi is a $5T market opportunity to replace transportation that Tesla could take 50% of the market with 50% margins, energy could be as big as automotive, insurance, humanoids, cloud AI, boring tunnels, electric planes... none of this is priced into the above. A price target of $6,900 in 2030 is my bear case.

Grundle_Monster

AMD ran 25% in October up to earnings. P R I C E D I N

gburdell

Vanguard implemented a 5-ish day hold on new funds transfers as a result of the same $GME events that tarnished RobinHood. They didn't announce this to customers, so I found this out when I was trying to make an opportune trade. I now use E\*TRADE, which also has a hold but it's like 2 days (or it's instant if your account already has at least the amount of funds you are trying to transfer)

beephstewart

All of them? Fidelity, Schwab, Vanguard, E-Trade...

SomeDumbApe

r slash S U P E R S T O N K

That_Guuuy

I use E*Trade, 50 cents per contract. UI is pretty good in my opinion

HenryKrinkle

E-Trade is your friend here

BackgroundJudge2896

I’m showing down 0.28% right now. 32 cents (see screenshot). That’s strange https://i.imgur.com/Jvxk7E1.jpg

LurkingFlyer

And 10 years ago you didn’t need a specific amount of money to invest. E*TRADE, fidelity, Schwab, etc had no minimums for investing a decade ago.

Belugawhy

I mean a big chunk of technology sector not having a P/E due to lack of profits and another chunk having P/E’s of 50+ due to expectations of growth (read Square, Shopify, Adobe, Amazon etc.), P/E of 38 doesn’t sound too ridiculous to me.

Fakerchan

What’s the thing about P/E ratio?? Do people just blindly follow books or whoever told them to only look at P/E ratio ?

AlmostAsianJim

A case for $TDAC since noone talks about it. I started a position this week in anticipation of merger on Thursday after some DD last weekend. Lottery.com EV $680m 2021E Revenue: $71m (prelim Q3 released, reiterated guidance for full year, does not include possible new states or M&A) - Q1 2021: $5.5m - Q2 2021: $9.3m - Q3 2021: $23m - Q4 2021E: $33.2m 2022E Revenue: $279m (I'm skeptical too.) Some highlights: - Great revenue growth, cheap valuation, EBITDA positive starting this year, huge possible TAM. - No PIPE; No sell pressure. - Arbs are out since shares are at ~$13.5 and NAV is at ~10.9; No sell pressure. - Insiders are locked: 50% when sp >$12.5 for 20/30 days after merger, remaining 50% after 6 months from merger date; No immediate sell pressure. - Revenue projections don't include possible sports.com revenue. The CEO of Draftkings is on their board of advisors. I have to speculate there are ongoing talks of how to best use this domain and possible integrations. - Alignment with retail: 3m seller earnout shares at $16, 2m SPAC sponsor earnout shares at $16. - Low spac float: 5.65m shares. Redemptions have already happened due to them having to extend deadline. There's very few shares to borrow, if any. With shares at ~$13.5 and warrants at ~$3.2, I feel like warrants are cheap here.

deffinitelymaybe

I'd swap out costco for something else. While they are huge, and very popular, they are very expensive, when looking at forward P/E, and their profit margin is quite low compared to a company like microsoft or amazon, since they have tons of employees, and stores, and all the goods they sell at fairly cheap prices.

slazengerx

The biggest reason for the increase in P/E ratios is lower interest rates. All else being equal, lower rates lead to higher P/Es because the lower discount rate applied to those cash flows leads to a higher present value. Also, low interest rates push investors further out onto the risk curve in search of higher returns. (eg, "I used to get 5% buying long-term treasuries, now I have to buy REITs and junk bonds to get a similar return." Just a hypothetical.) Imagine a retiree who received 3.8% on a 6-month CD back in 2008... what does that investor have to do today to get something similar? Take more risk - both credit and duration. Low rates push investors out on the risk curve and inflate the value of riskier assets (well, arguably all assets, but especially riskier assets).

RazekDPP

Europe is mostly driven by a rise in energy prices. The pandemic alone wasn't just a shutdown. In the early stages of the pandemic, there was also an oil war. [https://en.wikipedia.org/wiki/2020\_Russia%E2%80%93Saudi\_Arabia\_oil\_price\_war](https://en.wikipedia.org/wiki/2020_Russia%E2%80%93Saudi_Arabia_oil_price_war) The oil war got buried in with the pandemic and I think most people forgot about it. As energy demand drastically increases, it takes time to increase production (the 2019 economy was much more of a steady state). If demand continues to increase faster than production comes online, energy prices will continue to rise. If energy prices continue to rise, everything else inflates, too, because our 2019 prices were based off of cheaper energy. [https://m.economictimes.com/industry/energy/oil-gas/global-energy-demand-to-increase-by-4-6-in-2021-iea/articleshow/82163196.cms](https://m.economictimes.com/industry/energy/oil-gas/global-energy-demand-to-increase-by-4-6-in-2021-iea/articleshow/82163196.cms) Inflation will be transitory, if, and only if, energy production increases faster than demand increases. If energy production overtakes energy demand, then prices will fall and inflation will return to more transitory levels. It's similar to this: [https://en.wikipedia.org/wiki/1973\_oil\_crisis](https://en.wikipedia.org/wiki/1973_oil_crisis) which lead to the stagflation of the 1980s. The reality is we're probably eventually looking at a sharp interest rate hike if this doesn't recede. [https://www.pbs.org/newshour/economy/what-led-to-the-high-interest](https://www.pbs.org/newshour/economy/what-led-to-the-high-interest) Funny how history may repeat itself, albeit for different reasons.

ravivg

Love AMD! So glad I didn't listen to all those experts on Youtube telling me it's overvalued, buy Intel instead it has a P/E below 20 blablabla.

IntoxicatedParabola

What's the P/E ratio of the stock market?

That_Guuuy

Right?!? I don’t understand why AMD is trading at half the P/E ratio of NVDA. I see the same growth potential in both

gaybearishair

if ur stock doesn’t have a P/E RATIO, or its over 100 it could go down a lot

Self-Imposed-Tension

I have’s E*TRADE and fidelity. My personal preference between the 2 for options interface is E*TRADE. It is a personal preference in how I am used to navigating, and no real specific reason.

WorkingCorrect1062

FB $50B buyback, 30% YoY growth, 22 fwd P/E and stock is trading downwards. I don't get this clown market

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lmaccaro

If the P/E wasn't so high, you'd be creating other "problems". Consider: Some people seem to think TSLA's P/E should be pegged at ~10. That would mean their share price would have been 0 for ~12 years, then grow 5x-10x per quarter over the last couple of years. Stock markets, however, are forward looking. We can all see that it won't take too many more "P/E halvings" before Tesla is "normalized" so we buy it up.

Xwenwyn

P/E ratio is not everything

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SirGasleak

No, I'm not confusing the two. TSLA's P/E is sitting around 338.

SirGasleak

I actually agree with you, which is why I've avoided buying stocks with P/S ratios over 30. And yet, as I said, many many experts disagree and recommend ignoring valuation. Value investing has underperformed for the past 20 years. As a result of ignoring stocks with high(er) P/S ratios, I've missed out on a lot of opportunities. Buying indices to avoid buying overpriced stocks doesn't help when the entire market is inflated. The Nasdaq is sitting at a P/E of 29, which is very high on a historical basis. When overpriced stocks sell off, down goes the index.

Purple_Cow1

What about E-commerce, marketing automation, cdp, customer service, community, tableau etc etc wake up man

greenday10Dsurfer

dude - that's jus "shares as collateral" in E'spanish....

channelchek

fair point, I think this goes beyond P/E speculation though right?

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_Sgushonka

I'm pretty sure you are confusing P/E with P/S. I mean there are companies with higher P/S, but even Tesla is just 35, so it is not average number even among "growth" companies.

ravivg

You're saying it's a no brainer at this price because of their low P/E. Valuation is just part of the story. The future potential of the company is very important and P/E doesn't tell you anything about it. It might give you some confident that the stock won't crash on bad earnings like Tesla might for example, but it doesn't mean it's a buy if you're a growth investor looking to own a growth stock.

clint1reid

The P/E for growth stocks is not important simply because it’s usually very high or even N/A due to no profits. TSLA, SQ, PLTR, whatever else will tell the same story. But currently FB is has a lower P/E than some retailers with little growth.

DangerouslyCheesey

Honestly there was so little competition in NA until recently that it was only ever going to take a few slightly successful cars from traditional makers to cut into it. Tesla sold 190k EVs in NA in 2019 and second place was like 15k Chevy bolts. Increased bolt sled and the Mach E have done enough to cut it down a bit.

ravivg

The P/E is not that important, at least not for growth investors. Their guidance signals a decline in growth and they are going all in on AR/VR which won't make any profits in the next few years. So it makes sense to dump the stock if you don't buy the long term story of AR/VR. I'm buying at this price because I'm a big believer in the space.

CryptoIsAFlatCircle

5 millions cars sold yearly before 2025. They’re approaching 10k in profit PER CAR. That’s 50bn in net profit, IF they never increase their margins from here (which they will). About 1bn shares outstanding. $50 earnings per share in 2025. At 100 P/E, that’s $5000 a share. 5x from here.

Grumpypeet

Can trade it on E*trade, like a 5$ commission.

Opioneers85

E-trade?

clint1reid

The FB dump seems strange. Their P/E now is like 20 with annual revenue growth of 35%! And that’s compared to peak pandemic levels. A no brainer at this price IMHO. Probably some algos got triggered

clint1reid

The FB dump seems strange. Their P/E now is like 20 with annual revenue growth of 35%! And that’s compared to peak pandemic levels. A no brainer at this price IMHO. Probably some algos got triggered

Treyme789

No idea on RH. I’m on TD, Fidelity & E*Trade. I know how to on those 😬

homeless_alchemist

I'd argue valuation always matters, but how people value something is the crux of the question. Valuation includes more than P/S or P/E and your level of investing sophistication and knowledge of the industry will dictate how you look at it. Even Cathy Woods tries to justify her Tesla claims on the basis of valuation. Stock prices climb when people start to assume growth potential is nearly unlimited. When reality inevitable sets in and a company hits speed bumps, then the stock prices crumbles accordingly, see SNAP recently.

JDMKing24

Going by a value investing perspective, a stock is too expensive when it is above its intrinsic value. A stock is expensive when it is close to the intrinsic value since you can be quite a bit off and overpay $1.5 for $1 of value. You are so confused because you have only seen the market run to the top and never stop. As a matter of fact, valuation always matters if you actually plan to have meaningful returns in the long run. A P/E of 24 is actually very high by any standards other than today's and you are basing your thinking on today's numbers thinking it is worth it to overpay for stocks because "everything is overpriced these days". Long story short, it is not and you will be one of many to regret in the future if you don't broaden up your horizon. A P/E of 24 means you pay $24 for $1 of earnings. Better said, it would take 24 years for your 1 share to earn its price all else equal. Looking at companies with PE of 500 makes one with a PE of 24 seem cheap but actually you're both wrong. Basing your valuation on future growth is not investing but speculation. A high PE company will have disproportional swings to bad or mediocre news compared to a low PE issue. In the words of Peter Lynch "high returns today signal lower returns tomorrow" aka price will someday return to the intrinsic mean and drag the price down with it. We expect rising rates which draws capital away from risky equity such as stocks. More capital flows to bonds and other less volatile investments. Less capital means less air in this overinflated baloon. This is truly where valuation matters. You want good stocks at cheap prices to give you some leeway in case capital flows out of the stock market. Good luck holding fat bags for years if you overpaid this last year. Buy indexes until you got valuation figured out.

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Landyacht55

UPST, looks overpriced, I personally might watch it. But the P/E ratio is astronomical right now

FrontSurroundSuccess

almost as bad as buying a certain car company at 450 P/E couldn't be me

hodlforlyfe

LMAO idiots Tesla will be under $200 by end of year 2022. What kind of absolute dumbass would buy into a "trillion dollar company" with 300 P/E ratio (that makes vehicles by the way). And by the way, there only profits are from selling their tax credits from the government to other auto companies. Good luck with this sinking ship. Seeing new ads almost weekly for new cool looking e-vehicles from other auto makers. Would much rather own an e-vehicle from an Audi or BMW in the future. Tesla will ultimately drop 80-90% from it's highs

Opioneers85

E-trade for me, some apps like RB dont allow some OTC stocks to be sold.

1800ThrowAway1

| do they amount to about 30 times higher per car? A company that is making money but is struggling is going to have a low P/E. A company that is making money and is growing rapidly is going to have a high P/E. At some point TSLA will be overvalued. But rarely do I ever see actual analysis of their fundamentals to show this. Instead I hear comparisons to other manufacturers. It's like paying 1 employee 50k a year and another 200k a year. You can't claim that the employee making 200k is overpaid simply by comparing them to the employee making 50k.

Elonmuskishuman

A P/E ratio of 348! 🥲

TheFriendlyTaco

except you know... tesla trades at 350 P/E ratio while amazon is at a 60x P/E ratio.

r3dd1t0rxzxzx

Yeah but you need to look at Tesla’s stock price for the prior 10 years. It was under appreciated for a long time so the breakout was bigger. Tesla’s forward P/E is very similar to what Amazon’s has been until just recently (and Amazon is slower growing).

FeCard

I use TDA but E-Trade is supposedly the best for options

chmod-007-bond

I'm fairly convinced $TTM is going to announce some TSLA partnership soon. Indian strategy for foreign companies involves a large foreign investment in a local existing company. E.g. Coke and Thumbs up.

WisconsinGardener

Is TSLA completely overvalued with an astronomical P/E ratio? Yes. Will it keep going up past $1500? Also probably yes.

RamboWarFace

The P/E is actually very good...people just dont understand P/E.

Heinrich-Dinkelacker

[I'm looking at this data on https://www.nasdaq.com/market-activity/pre-market .](https://imgur.com/5Zvw4E8) As you can see, the Most Advanced stock in pre-market trading is $RDBXW/$RDBX, but you don't see $EQOS there. [According to this site](https://imgur.com/915gVjo), $EQOS and $WBX are GAINERS (or "Most Advanced" using the parlance of Nasdaq). * Why doesn't the Nasdaq website not list $WBX or $EQOS? * Also, is there a website that's more comprehensive and lists ALL stocks that are MOST ADVANCED?