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jour_trader

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jour_trader

Re: SubPennyBoater post# 66216

Tuesday, 05/24/2022 5:30:30 PM

Tuesday, May 24, 2022 5:30:30 PM

Post# of 86632
This is all public info.

2019 Rev = 24.5M
2021 Rev = 53.8M

Revenue is just part of the story why the stock rose so quickly over the past 2 years. Tesla was expected to own the EV market as major manufacturers delayed R&D, but we have a different competitive landscape now as well, which gives us a different forward look on which the stock price would be based and a weaker stock multiple.
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