Tesla called 'biggest meme stock we've ever seen' by Yale associate dean
Briefly

Tesla called 'biggest meme stock we've ever seen' by Yale associate dean
"This is the biggest meme stock we've ever seen. Even at its peak, Amazon was nowhere near this level. The PE on this, well above 200, is just crazy. When you've got stocks like Nvidia, the price-earnings ratio is around 25 or 30, and Apple is maybe 35 or 36, Microsoft around the same. I mean, this is way out of line to be at a 220 PE. It's crazy."
"Tesla shares continue to strike us as having become completely divorced from the fundamentals."
"I think from a trading perspective, it looks very interesting."
Tesla's price-to-earnings ratio exceeds 200, far above comparable tech firms like Nvidia, Apple, and Microsoft, which trade in the mid-20s to mid-30s. Many market participants view Tesla as an atypical stock traded on narrative, sentiment, and technicals rather than fundamentals. Critics argue the market has overemphasized founder influence and long-term expectations, creating a valuation disconnect. Some analysts describe the shares as divorced from fundamentals, while others find technical signals—such as holding the 200-day moving average and support/resistance levels—reason for trading interest. This divergence drives polarized investor views and increased volatility.
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