Answer me this with some data The average PE for S&P 500 which is tech heavy with stocks like Google AAPL and Amazon is 17. right now Tesla is 350. The S&P 500 is currently 37 But take a look at past fast run up on the chart and what happened.
Tesla's market Cap is just over 1 T
Here are the next 9 biggest auto makers. Whose total Market cap is 982 M. Could you explain when and how Tesla will be bigger than all of these combined? Sure looks to me like it is due for a big fall. With the leverage that Puts provide it is easy to make $10 for every $1 invested. Key is don't get greedy and do not up you investment just because you do well a couple of times. This is the most common misstate people new to options make.
Company MC in B 1 Toyota 245 2 Volkswagen 141 3 Byd 137 4 MB 103 5 GM 80 6 GWM 76.9 7 Ford 69 8 BMW 66 9 NIO 65 10 Total 982.9
References https://companiesmarketcap.com/automakers/largest-automakers-by-market-cap/
https://www.macrotrends.net/2577/sp-500-pe-ratio-price-to-earnings-chart
https://finance.yahoo.com/chart/TSLA#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
EV news, page-1444
-
- There are more pages in this discussion • 529 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.30 |
Change
0.165(2.69%) |
Mkt cap ! $5.841B | |||
| Open | High | Low | Value | Volume |
| $6.23 | $6.30 | $6.20 | $2.767M | 443.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 8724 | $6.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.30 | 25429 | 22 |
View Market Depth
| Last trade - 11.00am 03/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |