It’s way way overvalued. Look at PE ratio |
Explain why. |
It’s a meme stock. It’s valuation is based on wishes and hand waving. |
Isn't the whole stock market based on wishes and hand waving at the end of the day? |
No. I’d say the market is frequently irrational but is fundamentally based on reality. |
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Shanghai plant is operating at full capacity. Canada dropped the tariff on Chinese EVs. Lots of the Shanghai Teslas are going to Canada because the Chinese can manufacture them cheaper than we do in the US. The Berlin Tesla factory is adding a third shift to keep up with demand. Today it was revealed that Optimus was not factored in to the Tesla stock price. Tesla is up almost to its record high. |