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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.

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Building Arks with Jason Clendenen
Building Arks with Jason Clendenen

Written by Building Arks with Jason Clendenen

Self-taught investor helping busy professionals learn how to ignore mainstream advice and build real wealth. https://buildingarks.gumroad.com

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