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garlicroastedpotato t1_j169mor wrote on December 21, 2022 at 11:43 PM

Reply to comment by CuppaTeaThreesome in Tesla reportedly plans more layoffs as the company’s stock tanks | Engadget by prehistoric_knight

From $344/share to $170/share. It used to be valued at 40x revenue. Now it's valued at 15x revenue. Which is still quite a bit too high.... in that it's more than all other American automakers combined.