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RE: How Tesla Is Heinously Overvalued In One Chart (Much Like Most Of The Market)
yhoo shows a PE of -71 and the price is $345 nowadays. Just bizarre. The Jan 18, 2019 put is $10 for the $200 strike price. So if TSLA goes down to $100 that's a 10-bagger. I'll be watching the LEAPS for this one..... The market as a whole is ridiculous.....
Lol, -71. I guess hiring an unqualified CEO for PR/optics didn't work out so hot for them.
That's ok, they only paid Marissa Mayer 260 million to totally destroy what was left of the company:
"Mayer performed the worst of all public tech company CEOs with a 32.8 rating out of 100, falling short of the industry's 69.7 average rating. While tech leaders represented nearly half of the 50 most likable CEOs of U.S. public companies, the Yahoo executive also earned the second-lowest rating of all public company CEOs — just one ranking above United Airlines CEO Oscar Munoz."
"Mayer's low rating might not come as a surprise to most, as she has been widely criticized for her leadership since becoming Yahoo's chief executive in July 2012. After demanding that the company's remote employees resume working from the office, routinely arriving late to meetings and being called a micromanager by Yahoo insiders, Mayer has not gotten much of a break from public and employee disapproval."
https://www.cnbc.com/2017/05/31/why-yahoo-ceo-marissa-mayer-is-the-least-likable-ceo-in-tech.html
That's what virtue-signalling and listening to SJWs gets you.
Well stated.
Well stated.