Comment by rcMgD2BwE72F

Not at all. P/E just dropped by half. Given the growing economies of scale and the two giant factories being built in Europe and Texas and more soon, the sky is the limit. You can ignore FSD and still easily project a $4,000 target by 2026. I highly recommend this short thread https://teslamotorsclub.com/tmc/threads/tesla-valuation-base... (by a TMC member who's been highly reliable over the years). Disclosure: have been invested in TSLA for more than a decade now.