Tesla Motors Inc (TSLA) P/E Is 10 Times Higher Than Ford’s
Tesla Motors Inc (NASDAQ:TSLA) has had an incredible year, posting its first quarterly profits and announcing plans to build capacity in the U.S. while expanding aggressively into Europe. CEO Elon Musk has proven that the company is not just viable, it’s poised for strong growth. But he’s also made multiple statements warning investors that his company’s stock price is “more than we have any right to deserve,” reports Ben Rooney for CNN Money.
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