Which is why I got out…when the hype is gone…the valuation returns to normal. Still a big company, but with a stock at a price that makes sense. A price that isn’t driven by FOMO or hype.
Fundamentally, I am a value investor. I have made some money off growth stocks, but the ones I keep tend to be value stocks.
But that’s a discussion for the stock price thread, and I am certain that
@JeffKeryk and I stand apart on the TSLA valuation, but we probably agree on the position of the company in the market.
They sell a lot of cars these days, and Elon has been driving since, basically, day one.