2min chapter

The Compound and Friends cover image

People Hate Inflation, but Unemployment Is Worse

The Compound and Friends

CHAPTER

Tesla Stock Trades at 31 Times Estimated 23 Earnings

At the low in 2020 with 25 bucks, it's 170 now. It got as high as like $2.50. So it 10xed off the lows. But I don't know if this is ironic, but it's interesting. Tesla stock trades at about 31 times estimated 23 earnings. That's the lowest PE ratio since the depths of the pandemic.

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