Stock Bubble

 

Tesla stock is down 73% over the last 9 months from $384 to $102 (split adjusted).

Here is the contents of a comparison blog I did on 7/31/2022:

                                                   Tesla          Ford Motor 

Stock price                                                   $765.89                     $14.68

Trailing 12 months EPS                               $8.31                         $2.68

 Trailing 12 months PER                              101.15x                     4.88x

Dividend yield                                                  0.0%                       4.29%       

Estimated 2022 EV Shipments                      1.3M                         50K

 Est. 2023 EV units                                          2.3M                         400K

Current Market cCap                                       931.1B                      59.1B

[The Tesla price and EPS quoted in this table are prior to a 3 for 1 stock split in late August.]

As a former investment analyst (Dean Witter) IMHO, either Tesla is too expensive … or Ford is too cheap … or both.

Full disclosure … I own Ford stock.

Afterward: Ford stock is also down almost 17% from the above table.

STAND UP TO STOCK BUBBLES!