What's Tesla P/E

Tesla's P/E ratio as of May 16, 2024, is 40.96. This indicates that investors are willing to pay 40.96 times the company's earnings per share. Compared to the industry average, Tesla's P/E ratio is relatively high, suggesting that investors have high expectations for the company's future growth potential. However, it's important to note that P/E ratio alone does not provide a complete picture of a company's valuation.