As much as I love $Tesla(TSLA.US) the company, it’s difficult to support the valuation (2026 P/E 209x vs +35% long-term EPS growth, 6x PEG), which remains excessive vs every other Mag 8 name (avg 2x PEG). Most TSLA promoters on X choose to ignore valuation in any discussion of $Tesla(TSLA.US) as unsupervised autonomy becomes commoditized, which is why $Tesla(TSLA.US) continues to underperform YTD (TSLA -7% vs NDX +18%). Meanwhile $SpaceX(SPCX.US) will likely soon fall below its $135 IPO price as 20% of locked shares become free in early-August.
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