Tesla Inc (TSLA)

[la-tsla-fan]

I am very interested in your price target on TSLA, and how you estimate it. Keep in mind that TSLA has not made much profit over the years. Here are the last five years EPS.

2019: (0.33)
2020: 0.21
2021: 1.63
2022: 3.62
2023: 4.30

The eps figures ate taken from. https://www.wsj.com/market-data/quotes/TSLA/financials/annual/income-statement and are based on fully diluted number of shares. Current P/E forward = 69, current P/E (back) = 61.8 (forward/P/E > back P/E shows negative growth).

Typical P/Es for Auto companies: GM about 6, Ford: about 7, STLS: about. 8 Toyota about 9; MB, BMW about 4-5. VW<4.

See https://companiesmarketcap.com/automakers/automakers-ranked-by-pe-ratio/