The NASDAQ 100 has an average P/E of about 28. This table illustrates both the current reality of Tesla and Nvidia's share prices and what those stocks would be priced at today assuming their most recent earnings report was used to calculate current price at the typical P/E of 28.

Simply pricing the two stocks like every other NASDAQ stock would mean a drop in stock price of 93% for Tesla, and would mean a rise in stock price for Nvidia of 28%.
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