Related Posts
More Posts
How do you break the habit of procrastination?
Cries in CAPITAL

How do you all role out your ERG
Additional Posts in Option Traders & Investing
$BABA got murdered today. Buy, hold, or sell?
crwd 4/17 $60 calls... you heard it here first
What happened to Alteryx...
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.




I agree. I’m so convinced that Tesla is beyond overvalued, for my birthday in a few days I’m turning 35. I will short Tesla $35,000. Putting that money to work! Wish me luck. I hope this post ages well.
Screenshot?
There is 0 fundamentals or business cases that justify Tesla current valuation. I don't care if Elon says he is creating a fully autonomous solar powered vehicle network. It hasn't happened yet and probably won't for another 10 years. Until then it IS just a car company that has big dreams. ALL companies have big dreams to become the #1 something or another. It doesn't mean it'll happen fast enough to justify the price or that it will happen at all. It's a fad stock and that is OK. Just stop peddling it as a business case.
SC1 - Tesla is worth ~$15B with its financials today (20x PE). That would put the stock at about $85. Tesla at the $500 levels reflects dominance of the auto industry ($500 would put it above all auto makers save 1 or 2). Tesla at $2200? That reflects dominance in multiple industries, a complete collapse of the majority of its auto competition, and more
Ya but the future..
Their short shorts sales crushes their competitors though