- Make no mistake, Tesla is a phenomenal company that has accomplished the unthinkable as it broke through extreme barriers of entry to disrupt the auto industry.
- Just because Tesla is a successful company that is causing automotive titans to change from combustible engines to EVs doesn't mean Tesla's stock is a good investment today.
- 100% of gross profit and net income is generated from the automotive sector as Tesla's other businesses lose money, making them an automobile manufacturing company, not a technology company.
- I compared Tesla's metrics to the auto industry and big tech and the results are the same, Tesla's valuation is egregious.
For further details see:
Tesla: Overvalued By 85.26% And Not A Technology Company