Why is the market letting you buy $26 of Tesla's Revenue for a price of roughly $350 per share of Tesla stock - implying a price-to-sales, P/S, multiple of close to 13.5x - while for a seemingly lower flying stock like Adobe (NASDAQ:ADBE), you need to shell out closer to 21x?
Why is the market letting you buy $26 of Tesla's Revenue for a price of roughly $350 per share of Tesla stock - implying a price-to-sales, P/S, multiple of close to 13.5x - while for a seemingly lower flying stock like Adobe (NASDAQ:ADBE), you need to shell out closer to 21x?
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