Tesla's valuation is too stretched to justify buying now. Slava cites a 189x forward P/E, falling Q3 deliveries, a 1.4% operating margin and negative free cash flow; other investments look preferable. x.com 

Tesla's $1.5T Elon premium looks unjustified while Musk seems to favor SpaceX for the AI compute buildout. Tesla shareholders missed almost the entire AI boom; owning xAI and building that infrastructure might have doubled Tesla's stock. Q3 adjusted EPS was $0.48, down 4% year over year; if Tesla were a non-Musk company, four such quarters at 10x earnings would mean $19.20 a share versus $386. Long-term company prospects remain attractive, but the stock is still not worth buying back. x.com  … Show more

Tesla's Robotaxi and Optimus can carry substantial value before major profits because future cash flows, growth and the chance of success matter more than current P/E. In an illustrative model, a one-year delay cuts opportunity value about 11% if payments stay unchanged; faster sustained growth can more than offset it, while reliable deployment can raise the assessed chance of success. These figures are not Tesla forecasts; investment costs and execution risk still matter. x.com 

Tesla's valuation has tripled even though its revenue has declined over three years. x.com 

Tesla's 200x earnings multiple asks too much of weak current results and speculative future products. Third-quarter revenue fell 0.4% year over year and EBIT missed estimates by 25%, despite gross-margin and cash-flow beats. Robotaxis, humanoids and other future plans may have appeal, but impressive parts of the business do not make the stock worth its current price. x.com  x.com  x.com 

Tesla's seasonally strong fourth quarter makes shorting the stock here unattractive. A new bullish trend still needs a clear breakout above its 200-day moving average and price-channel resistance for confirmation. x.com 

Tesla's fundamentals have not caught up with its valuation, since revenue has stayed basically flat for four years. x.com 

Tesla's future tech may already be priced in, and its valuation relative to the rest of the Mag 7 is inane. Tesla has reportedly been losing EV market share as sales decline, and its chart showed a choppy grind to local highs with a good case for a correction to range lows. It is now down 40% from its highs; even below $200 it would trade at a premium to peers, and the buy zone is around $70, though one bullish argument suggests it holds around $130. x.com  x.com  x.com 

Tesla is expensive, but the market is not fully pricing in successful execution on FSD, robotaxis and Optimus, which give it multiple shots at entirely new revenue streams beyond selling cars. That counters @EarningsBrief's view that Tesla is already priced 5-10 years into the future. x.com 

Tesla still trades at roughly 300x earnings even after falling 14% today. x.com