LogFAQs > #970517144

Krojen posted...

Sure they do, the other auto company stocks are down 50-60% this year too. Everything about them sucks, which is why they run so many ads and paid articles to hype up their distant future fluff projects and are trying to spin off their failures at making EVs into separate companies. Tesla being bad/overvalued does not mean other autos are good/undervalued.

Tesla's got a lower FPE than Pepsi so I'm curious to see your DCF for why you believe it's massively overvalued. I haven't bought the stock since 2019 and still wouldn't today, but that's more to do with my hatred for Musk and there being so many other opportunities in this market than it is me thinking Tesla is still massively overvalued.

My post doesnt remotely claim this.

Tesla is massively overvalued and it's more egregious than the others in its valuation.

Pointing this out doesn't all of a sudden mean I'm backing other stocks that could be overvalued.

I'm talking directly about the meme stock Tesla that has bagholders trying to convince everyone its not that overvalued or that people should buy the dip.