If Tesla had a market cap of $80B it would be trading at 6.06 times Q1 earnings annualized. Having grown revenue 81% and gross profit 147% in the prior year…
It’s currently undervalued at 10x that price.
Re being small: its operating income was greater than Toyota in Q1, and it has two new factories that are yet to ramp production.
It’s currently undervalued at 10x that price.
Re being small: its operating income was greater than Toyota in Q1, and it has two new factories that are yet to ramp production.