Our PE is still 79 today, and while Tesla is growing production at a good rate, EPS growth will stagnate this year due to the price cuts and likely grow little next year. 4680 deployment is going slower than expected, Semis will continue to be in slow production for at least another year until Nevada is built out, CT ramp and release will likely be a slow rollout and late in 2023, Giga Mexico hasn't even broke ground yet so the Gen 3 platform is still several years away, and Highland M3 isn't even out yet. Austin and Berlin are still ramping but their growth alone won't be enough to maintain our 50% CAGR production growth YoY, we'll probably slow for a bit until new factories and the Gen 3 cars go into production. I expect we'll see the stock mostly flatline and the PE compress over the next year or two while we wait for the Tesla seeds to slowly bloom.