Thursday Feb 23, 2017
Tesla continues to confound as Musk launches into outer Space.
Meanwhile back on earth the ratios on the balance sheet confound conventional wisdom about valuations.
We study financial ratios in accounting to better identify bargains or issue that are becoming too pricey.
Tesla has yet to make any real money. A bit yes such that the P/E ration is 200 to one. And look at the cash flow statistics!
We will discuss in class, come prepared having read the article.
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