$Tesla Motors(TSLA)$ Those people who still use PE, Forward PE and other technical analysis to evaluate a stock in this case Tesla stocks, you need to change your strategies. The entire landscape of trading, investing has had a major make over. Value of a stock at the end of the day is determined by supply and demand and what investors think it is worth. Obviously in this case at this moment there are net buyers and investors, traders think or believe the Tesla stock is worth the current price, do not apply logic because you will hit head against the wall. I am a net buyer and this is not an advise.