Hello and welcome to the Monday June 3rd 2019 edition of Tesla Daily Unofficial

Tesla Podcast. My name is Rob Maower. Today we are talking

about some details on the Tesla pickup truck that came out of the Ride the Lightning interview

with Elon Musk on Sunday. And some thoughts on Tesla's current valuation.

Tesla stock on the day to day did finish down 3.34% to $178.97

as compared to the NasdDAQ down 1.61%.

That share price puts Tesla's market cap at 31.9 billion dollars.

The trailing 12-month revenue for Tesla, as of the end of Q1, was 22.6 billion, meaning Tesla's trailing 12 month price to sales ratio

right now.

In case you're not familiar, a price to sales ratio is just the market capitalization

divided by a 12 month period of sales. It can either be trailing or forward looking.

There are many, many different ways to value a company.

Price to earnings is one of the most commonly used. Price to Sales is also pretty common

and can be helpful for valuing companies

that are growing rapidly that do not yet have

positive earnings.

By no means, is it a perfect metric for comparison

but it is a metric that I have found a lot of value in.

My point here is that a 1.41 price to sales ratio for Tesla is at an all-time low and continues

to make new all-time lows as the stock price falls.

For comparison to the 1.41 price to sales ratio that Tesla is trading at right now, the

S&P 500 index as a whole trades at a 2.03 price to sales ratio and the NASDAQ

...