Tesla is grossly overvalued.
Yes. I said it.
Elon Musk needs to adopt a #Bitcoin Reserve strategy ala $MSTR asap before the whole world realises that their auto + robotics business is dying.
That is the only possible way he can compete with Chinese manufacturers which have more than caught up and will continue to supercede Tesla in production capacity, efficiency, cost, and quality.
Most companies in the S&P are grossly overvalued thx to index funds
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indeed, just like housing.