No Stupid Questions

2723 readers

15 users here now

There is no such thing as a Stupid Question!

Don't be embarrassed of your curiosity; everyone has questions that they may feel uncomfortable asking certain people, so this place gives you a nice area not to be judged about asking it. Everyone here is willing to help.

ex. How do I change oil
ex. How to tie shoes
ex. Can you cry underwater?

Reminder that the rules for lemmy.ca still apply!

Thanks for reading all of this, even if you didn't read all of this, and your eye started somewhere else, have a watermelon slice 🍉.

founded 2 years ago

MODERATORS

otter

Kokomheart

How is TSLA stock still up from where it was a year ago, if its sales have plummeted so much? (lemm.ee)

submitted 3 days ago by [email protected] to c/nostupidquestions

19 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 66 points 3 days ago (1 children)

Stock value is only loosely based on reality.

[–] [email protected] 8 points 2 days ago

P/E, more specifically. Share price is only loosley related to earnings per share. In theory, we should infer that the market still thinks TSLA is going to grow earnings per share by at least 140% annually. That seems... unlikely.