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Sam Quirke

Tesla P/E Hits 400: 2 Reasons It's Still a Buy, 1 to Avoid

Tesla Inc. Buy MarketBeat

With Q4 earnings now well and truly digested, investors are watching closely to see how Tesla Inc (NASDAQ: TSLA) shares behave through the first week of February.

Yes, the company topped analyst expectations on both revenue and earnings, but that success came with a catch. The stock exited its latest earnings report with an even higher valuation than before, with its price-to-earnings (P/E) ratio now around 400.

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