I have lots of opinions about stocks that I don't own, or no longer hold, or might hold in the future. All investors do, it's called due diligence.

tardSarge musta spent all his money on Pabst and doesn't invest. So his opinion doesn't matter.

Elon claims Tesla is an AI company, but he already has an AI company xAI. Tesla is going all in on Robotaxi and robots. Neither venture will be profitable enough to justify a multi-trillion valuation.

Waymo is worth around 50 billion and is years ahead of Tesla in the driverless transport market. Elon's taxis remain under human supervision.

Elon's robots also do not have the potential for such high valuations of Tesla. The idea that households will spend tens of thousands of dollars for a robot, plus presumably hundreds or thousands per year for the software updates, just so they don't have to fold their clothes is ridiculous. Even if they did, it's not enough to justify such high valuation. Factories and assembly lines are already using robotics and have been for decades, so no game changer there.

Tesla is already massively overvalued solely because of Musk's cult following. The current stock price has nothing to do with fundamentals.

#5

No kidding, especially considering the billions in taxpayer subsidies given to Musk's companies in conjunction with his complaints about his own tax dollars.