> Tesla has a P/E ratio of 50 and annual earnings growth rate of 75%. It's hard to argue that's overvalued.
VW Group has had a 5 year maximum P/E ratio of 20.69; for Stellantis it's 4.11 (but they're less than 2 years old). True that Tesla is seeing some very good revenue growth, 51% for 2022 compared to 2021. But that revenue is at $86 billion, meanwhile VW Group are at $307 billion. It is flat out ridiculous how overpriced Tesla are, nothing justifies them having a higher market cap than say VW Group.