54x book i dont think i have ever seen a stock trade at that high of a multiple to book in my 30 years in business. Wow shorts are getting creamed!
what does 54x book mean?
TSLA is trading at 58 times book now to its book of a $1.54 at 90 bucks. In my 30 years as a professional trader I think that is the highest book value I have ever seen in a stock with at least a 1 billion dollar market cap.