Is Tesla undervalued, especially when comparing it to Amazon? Tesla is growing way faster. They are projecting 50% annual growth for many years and are targeting 20 million car output by 2030-31, as well as growing their energy business to be equal to the car business. And Tesla has the means to fund this growth. They are making a lot of money now and have $18 billion in cash.
Anyway, Tesla has always looked super expensive when looking at just the PE but now, not so much.
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