[https://ca.finance.yahoo.com/news/tesla-board-opened-search-ceo-011913596.html](https://ca.finance.yahoo.com/news/tesla-board-opened-search-ceo-011913596.html)
The stock's elevated price-to-earnings ratio is unwarranted due to the brand's irreparable damage for at least three years and falling sales, which do not justify a price-to-book ratio exceeding 10x. Sales and revenue growth forecasts need substantiation to support the premium valuation. A new CEO is unlikely to restore the heavily tarnished brand, as consumers and markets have memories.
