DylanAustin
5.9K posts

DylanAustin
@DylanAustin
Crypto and Investing Enthusiast | Avid Photographer










Elon is coming back to $TSLA.



Lately, I always check my sentry mode on my Cybertruck when I return to my vehicle but this is all I see. Many, many more people love Teslas than have a psychiatric condition against a material thing.



The left is the party of violence & hate

When investors argue that $TSLA P/E and market cap will double or triple once TSLA launches paid unsupervised ride hailing in Austin TX, they are ignoring that TSLA’s forward P/E today is 132x, up from 90x before the election, vs an avg forward P/E of 75x over the past 3 years, and vs a forward earnings growth rate of +30% per year (TSLA 4x PEG vs avg MAG 7 PEG of 2.2x). Implicitly, the market is already discounting unsupervised autonomy or the P/E wouldn’t be so rich, and so arguing a further re-rating of TSLA’s P/E seems ovetly optimistic. Also, as other auto makers start to master unsupervised autonomy it will limit TSLA’s presumed upside. This isn’t to suggest TSLA won’t go higher, since Model Y Juniper and the $30-$35K vehicles due in 1H could surprise on the upside. Instead we merely caution that we don’t see a doubling or tripling of TSLA’s market cap with the forward P/E already at 132x, and FY’25 and FY’26 earnings revisions still trending negative.














