Tesla Trades at 331 Times Trailing Earnings While Facing Growing Competition From China's BYD. Is Elon Musk's Premium Valuation Still Justified? | SharesLocker
Tesla Trades at 331 Times Trailing Earnings While Facing Growing Competition From China's BYD. Is Elon Musk's Premium Valuation Still Justified?
Tesla trades at a highly growth-dependent valuation and faces challenges in its core EV market. CEO Elon Musk's track record is far from perfect, but he still has some incredible wins under his belt that suggest visionary qualities.