Tesla s stock price has soared into the stratosphere, touching $900 a share earlier this year with the over hyped Autonomous EV, solar energy stock still trading over $700 a share that values the company at close to $700bn, MORE than ALL of the other auto manufacturers put together! Don t get me wrong, I like Tesla and would invest in Tesla for the long run, but NOT on a market cap $700bn that puts Tesla on a PE of over 1100! For instance Toyota makes 20 times more profit than Tesla yet Tesla is value near 3 times Toyota, what are the investors smoking? Tesla is a auto manufacturer! It should not be valued at about 60X Toyota! That is insane!