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Tesla's valuation is excessively high at 177x FWD P/E, relying on future tech dreams rather than current fundamentals. See ...
20m
Investor's Business Daily on MSNTesla Rivals XPeng, Xiaomi Report Record China EV Sales; Li Auto, Nio Deliveries Fall
Tesla rivals XPeng and Xiaomi reported record July deliveries. Li Auto and Nio's China EV sales fell vs. June. BYD is on tap.
Rich households are willing to pay a premium to own bigger, higher-performance and longer-range cars for their travel needs, analyst says Electric-vehicle (EV) makers from Tesla to Nio are shifting ...
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