yes, tesla, famously the worst performing car manufacturer with the worst profit margins, is definitely going bust any day now

Here's some context: Tesla, BYD, and Xiaomi Are Playing Different Games https://gilpignol.substack.com/p/tesla-byd-and-xiaomi-are-pl...

Clearly 200 forward P/E and three consecutive quarters of missed earning is a sign of profitability.

It's a stock worth $50-60 with generous valuation. The premium is the Elon bullshit and grift. That isn't gonna last forever.