this post was submitted on 29 Jan 2026
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Another way of saying it is that shares had already gone down because this was expected. When it wasn’t quite as bad as expected, they got a little bump back.
P/E ratio is still 280 for Tesla, while it's like 7 for Toyota. Tesla was valued at like $250 in April and after this report it was almost $450 and not far from all time high. It clearly had not gone down enough.