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Tesla

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What's going on with Tesla at the moment?  Bubble?  PE over 340, buyers piling in.  Is this a case of FAANG FOMO, or something?  I had a rough look at the financials and there EPS is mininal at best, they dont pay a dividend, and while Elon Musk is / was a South African, he is an iconoclast.  Is Tesla going to see a massive sales / profit boost from their cars, batteries, software?  Anyone have any thoughts?  I'm just curious.

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http://www.702.co.za/articles/250109/naspers-owned-tencent-buys-5-of-elon-musk-s-tesla

 

Tesla is suppose to be years ahead of competitors in electric cars and battery technology.  Don't have Tesla but have Naspers shares

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