Where do people think the stock price will stabilize at? I used to think $100 but now I'm not so sure.

#Tesla
#TeslaStock
#Elon

@KarynDoc the p/e ration is still around 33. Compared to other auto companies Tesla is still way overpriced. Seems like 10 is a more reasonable p/e for Tesla. That means potentially #tesla stil has a long way to fall. Maybe stabilize around 30-40 dollars
@dmb677 thanks. So much of the price seemed built on hype.