We just heard a CNBC talking head insist that Tesla is a “buy” because it should be valued at no less than 42X projected earnings for 2028! That’s right. A 42X three-year forward PE implies an abundance of earnings growth during the next several years, which is nowhere to be seen in the company’s recent […]
Dot-Com Redux And The Coming Defenestration Of Tump-O-Nomics, Part 2
