Tesla: The Best-Selling Sci-Fi Story Of The Decade

Summary:

• Tesla, Inc.’s recent stock rally is irrational and not based on fundamentals, driven by political factors rather than company performance.
• Despite challenges like declining market share in China and shrinking profit margins, the TSLA stock price remains high, overshadowing its fundamentals.
• Tesla’s current valuation is unsustainable, with a forward P/E above 150x, and requires unrealistic growth expectations to justify its price.
• CEO Elon Musk’s ambitious projects like autonomous driving and Optimus are still in their infancy and cannot justify Tesla’s overvaluation.

On Seeking Alpha, I probably hold the record of strong sell articles on Tesla, Inc. (NASDAQ:TSLA), and although my price targets have turned out to be entirely wrong to date, my expectations for this

Analyst’s Disclosure: I/we have a beneficial long position in the shares of META, GOOG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.