Tesla: From Investment to Symbol of Belief
Tesla’s high price-to-earnings ratio has long been a topic of discussion, but Robinhood CIO Stephanie Gilder argues it no longer fits within traditional valuation metrics. She suggests that for many retail investors, buying Tesla has become more of a conviction play.
Popular Among Retail Investors
Despite its lofty valuation, Tesla remains one of the most actively traded stocks on the Robinhood app, second only to Nvidia. This reflects the strong confidence investors have in its long-term potential.
- Tesla’s P/E ratio remains elevated
- Gilder highlights it’s no longer fundamentals-driven
- Strong retail investor interest continues