- This Woman Turned Her Tesla Model 3 Into a Pickup Truck

K-Dog · Mar 14, 2025, 04:21 AM

QuoteBesides all that, the stock was wildly overpriced to begin with, so it could easily lose another 40% on top of the 40% already lost, especially with a recession on the horizon.

With stagnating vehicle sales, losing market share, getting passed by a Chinese competitor (BYD), as other competitors catch up, Tesla is now in a class by itself far from the positions of Ford, GM, Toyota, and others that trade at P/E ratios between the single digits and 12 at the high end. Current P/E ratios :
Ford: 11.1
GM: 5.5
Stellantis: 2.7
Honda: 7.3
Toyota: 9.6
Tesla: 103.2

Modern Tulip mania!

I think of all the retirees who get pensions based on portfolio performance. ( I am not one of them. ) Some might figure they have nothing to lose. Musk could soon be a man without a country.

* Stellantis N.V. is a multinational automotive manufacturing company formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. The company headquarters are located in Hoofddorp, Netherlands.

- This Woman Turned Her Tesla Model 3 Into a Pickup Truck

K-Dog

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