Tesla booked just $2.28 billion in “bedrock,” repeatable earnings. [...] At its current market cap of $1.44 trillion, Tesla’s selling at an adjusted PE of 632 ($1.44 trillion divided by $2.28 billion). Palantir, the super-hot supplier of software to the intelligence community, is often cited as the ultimate in over-the-top valuations at a multiple of 353. But Palantir’s got nothing on Tesla. At a “core” multiple that’s 80% higher, Tesla easily beats Palantir for offering minimal pennies in profit for every dollar you’re paying for the shares.

https://fortune.com/2026/01/29/tesla-stock-price-pe-earnings/