January 21, 2025 Is Tesla stock MAGA overpriced? Absolutely. Tesla is trading at more than double its "true" market value. There's no "true" value because valuation is an intersubjective assessment between buyers and sellers in the marketplace. In reality, the "true" value is whatever the current value is. If the market wants Tesla shares to be valued at $1.34 trillion with shares selling at $426, that is the "true" value. However, that "truth" is not set in stone and is subject to change (up or down) at any point in time. We believe that Tesla is "supposed to" go down to about 30% its current market value. Whether the market will agree with us is both unknown and unlikely. Is Tesla stock supposed to go down now that Trump will end the federal preference for electric vehicles? Yes, Tesla stock is supposed to go down, but that doesn't mean that it will. On January 20, 2025, President Donald Trump dealt a massive blo...
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