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3 years ago

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Tesla Stock Is Valued At 8x BMW. Makes Sense?

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Tesla Stock Is Valued At 8x BMW. Makes Sense?

Tesla stock has soared by over 4x this year and Tesla's market cap stands at about $400 billion, compared to about $50 billion for the BMW Group. Tesla also trades at a trailing P/S multiple that is almost 40x BMWs. This comes despite the fact that BMW's revenues are about 5x Tesla's, and its...

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Tesla Stock Is Valued At 8x BMW. Makes Sense?

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