Thanks for sharing. Tesla having a market cap greater than a bunch of other car companies that sell more cars and make more money is a clear sign that it is over-valued. Will Tesla sell more cars and make more money than all other car companies combined? Unlikely. Will humanity just start buying 10 times more cars than they do today to justfy that valuation? I doubt it.

For those lucky enough to have made a bunch of money on paper with a bet on Tesla (or bitcoin, or other bubble), selling now would be a prudent thing to do. You can always keep some if you hope that it will continue to increase, but betting your life savings on a speculative bubble has a high chance dissapointment.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store