[SwellJoe]

It is reasonable to predict TSLA stock will, someday, drop to something roughly reflective of the value of the company. It has a long way to fall to reach that point, but, there's no reason to think it won't happen eventually. The market can remain irrational for a long time, but the facts are what they are.

[jillesvangurp]

Well, if Tesla gets merged into SpaceX at a record valuation (as was rumored is the intention recently), people with short positions would end up shorting SpaceX.

There are a lot of high stakes bets wrapped up in that company at this point already. AI, orbital launch business, communications networks, a little bit of Twitter/X, etc. And soon robots, grid battery, solar panels, electrical vehicles, autonomous driving, etc. They don't all have to work out to justify the combined valuation. Of course the facts are that quite a few of these lines of businesses are generating many billions in revenue already. It's at least a more diversified bet if a merge happens. Which might be why some share holders might prefer this. I don't have shares but I think that's a pretty rational attitude.

Still a risky bet of course. But betting that it will all fail might be the riskier one. Maybe it will just end up somewhere in between and not quite live up to expectations but still be a business generating lots of revenue with some healthy growth.

[SwellJoe]

SpaceX is an even bigger scam, if that's possible.

[saltyoldman]

This is like ANY company. What company will last forever. Not many.

[SwellJoe]

Not every company trades at 387 PE on 2%-3% growth. I can't name any that do.

F sells an order of magnitude more cars (~$190 billion in revenue), and has a market cap of $62.8 billion vs TSLA market cap of $1.59 trillion.

TSLA is ridiculous. Any sane investor would look at those numbers and run as far and as fast as they can.

[othomp]

Somehow people will read this fact and say it's not overvalued because it hasn't crashed yet.

[system2]

Apple and Microsoft seem to be doing okay after many decades. Edison is 200 years old and is on the stock market. It is about finding the right product that will last. Tesla could be one of them if it can survive the next decade.

[robbomacrae]

AAPL and MSFT have a P/E an order of magnitude lower than TSLA whilst both having revenue growth % yoy in the teens. They both make over a $100b in PROFIT a year. TSLA's? $4b and shrinking btw. Their highest P/E's since 2005 was under 50. AAPL reached 100 in June 2003 (around the time of the iTunes Store release.. mid iPod era but pre iPhone).

Comparing with MSFT and AAPL makes TSLA look even more insane.