Tesla (TSLA) shares hit a new all-time high around $499 earlier this month before pulling back 10% to $454. U.S. deliveries for Q4 are projected at 126,000 vehicles, down over 22% year-over-year.
Tesla, Inc. remains overvalued, with a P/E above 250 and its core automotive business unable to justify its $1.5 trillion market cap. TSLA's future growth is largely based on ambitious dreams like ...