More downside for Tesla
I still don't view Tesla has a buying opportunity, the stock is still valued more than the next 3 or 4 top automakers combined, this while seeling only a fraction of the vehicles they do. Bottom line, Tesla is still a car company and although many analyst view them of a Tech play, the statistics reflect where the majority of their revenues comes from.
Growth of the company will continue, and may accelerate once the CyberTruck is introduced, however, does anyone really believe objectively that Tesla should be worth more than Toyota, General Motors and Ford Motors combined, and if they do, perhaps they should chose another another career.
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