Tony Watts
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wattsburger.bsky.social
Tony Watts
@wattsburger.bsky.social
Twitter refugee. Expat wombat and coconut farmer. Recovering media type. Don't blame me for the kakistocracy - I don't get to vote.
Not an expert, but a stumpy-tailed or shingleback lizard (Tiliqua rugosa)?
November 9, 2025 at 1:02 AM
PS: NVDA trades at 53x earnings right now, and it is minting cash.

TSLA at 300x? 🤪
November 8, 2025 at 2:41 AM
I think it's a cult.

Generally companies with higher multiples have higher expectations of future earnings. Think Nvidia in recent times.

I think Ai is a bubble but Nvidia is minting it right now.

Tesla's sales are going down. The shareholders think Elmo is some sort of god. I think they're crazy
November 8, 2025 at 2:38 AM
It's a free market. People can pay what they want. To my mind it's a meme stock.

My approach is arguably why I'm not a millionaire - don't take this as investment advice!

Car companies tend to trade at low multiples - Toyota is at 9x earnings for instance.

Wouldn't touch TSLA with a bargepole
November 8, 2025 at 2:14 AM
Unless it was made for John Montagu, the 4th Earl of Sandwich, then no. If it was, then it may be just a little bit past its use-by date
November 8, 2025 at 2:07 AM
Tesla *currently* trades at 300x earnings. That's ten times the Nasdaq long-run average, and five times the current frothy average. Sales are slumping - crap product and a Nazi boss will do that.

Tesla shareholders must be on Ketamine like their man.

Tell 'em they're dreamin'
November 8, 2025 at 2:02 AM
Prediction: Never going to happen
November 8, 2025 at 1:44 AM
Are Tesla shareholders on Ketamine too?
November 7, 2025 at 2:07 AM
He's PT Barnum.

Tesla's already *way* overvalued, has a history of announcing stuff it never delivers, and kills its own customers by treating them as crash-test dummies.

There's a sucker born every minute
November 7, 2025 at 1:56 AM
Not sure. Their 'policy' is to say 'anything but tax cuts for the wealthy is communism'. Americans are brought-up to believe that anybody can make it big (never mind all the evidence to the contrary). People vote as though they are millionaires, or at least just temporarily embarrassed millionaires
November 6, 2025 at 2:17 AM
I think the board approved it (Norwegian wealth fund notwithstanding). But he’d have to increase the value of the company by some stupid amount. It already trades at 300x earnings. It’s insane.
November 5, 2025 at 7:01 AM
Of all the things that aren't going to happen, Tesla's robot army and Musk's $1T pay package are not going to happen the most. Tesla is now a meme stock...when it pops, I may pop some champagne
November 5, 2025 at 5:42 AM
It's a tough choice, but I don't think I'd vote for that
November 5, 2025 at 4:28 AM
Maybe they could try...having some policies that make people's lives better? Just spitballin' here.
November 5, 2025 at 4:23 AM
Weird: Usually populists reverse their promises after winning elections.
November 4, 2025 at 7:36 AM
I think we can call it what it is" A Croc.
November 3, 2025 at 8:53 AM
Bbbbbut, they're asylum seekers. They *must* have come from asylums. 🤦‍♂️🤦‍♂️🤦‍♂️
November 3, 2025 at 2:12 AM