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Tesla profit tanked 46% in 2025 | TechCrunch (techcrunch.com)
submitted 9 months ago by to c/technology@lemmy.world
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Poor Lonnie. May he cry himself to sleep on his MyPillow tonight.

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[–] 3 points 9 months ago (1 child)

Another way of saying it is that shares had already gone down because this was expected. When it wasn’t quite as bad as expected, they got a little bump back.

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  • [–] 1 point 9 months ago

    P/E ratio is still 280 for Tesla, while it's like 7 for Toyota. Tesla was valued at like $250 in April and after this report it was almost $450 and not far from all time high. It clearly had not gone down enough.

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