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Comment by KerrAvon | Hacker News Reader

Tesla’s absurd value as a memestock is propped up entirely by Elon’s reputation. Short of Elon going into some kind of rehab facility where he gets serious psychotherapy, dropping all of his commitments other than Tesla, and never tweeting again, I would expect Tesla will in the near future be valued at something approaching its actual value, which means a much reduced share price even compared with the close today.

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Tesla valuation is a based on growing quickly, while having good margin and good profit. And that they will continue to grow pretty quickly for a the next few years at least.

> valued at something approaching its actual value

And you know what that is? I hope you are a billionaire. Please tell us what it is and how you calculated that.

> And you know what that is? I hope you are a billionaire. Please tell us what it is and how you calculated that.

Please review the HN guidelines on snarky low effort comments.

If you value billionaires and their assessment of reasonably calculated P/E you might want to consider Buffets assessment to close almost the entire BYD position at a P/E of 50.

BYD and Tesla are not same company.

And Tesla despite its growth numbers:

> P/E ratio as of December 2022 (TTM): 38.2

Also analysis on P/E is very flawed in general and even more so with growing companies.

> And you know what that is? I hope you are a billionaire.

Implying that your opinions are only valid if you're a billionaire, and that all billionaires have valid opinions?

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