Part 11/15:
In 2021, Tesla’s valuation soared to $800 billion with a P/E ratio of about 1000, implying an astronomical period before investors would recoup their investment based solely on current earnings. By 2023, that valuation remains around $800 billion, but the P/E ratio has decreased substantially to 74, indicating that the market is starting to price in some growth potential, though not fully acknowledging Tesla's AI and software ambitions.