Tesla missed, Alphabet crushed it. But guess who gets the 180x PE multiple?
KEY TAKEAWAYS
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Tesla’s valuation is heavily based on future growth rather than current fundamentals
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Q2 earnings revealed weak free cash flow and shrinking unit sales
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Alphabet’s Q2 results were strong across revenue, margins, and all major segments
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Despite strong fundamentals, Alphabet trades at a lower valuation than peers
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The black and white cookie serves as a metaphor for balancing growth expectations
MY HOT TAKES
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Tesla’s $300+ stock price might be more about Musk than math
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Alphabet is being priced like a legacy media company, not an AI leader
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Investors are rewarding hype over earnings—again
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Valuation gaps like this won’t last forever
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Not all growth is created equal—some of it actually earns money
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You can quote me: “With Tesla, it would appear that the vast amount of the company’s share price can be attributed to the what may be versus the what is.”