Group 1 - Elon Musk's reputation on Wall Street is significant, with investors wary of betting against him due to his history of exceeding expectations [1][4] - Tesla's stock is currently trading at a high price-to-earnings (PE) ratio of 122, compared to the S&P average of 20 to 25, indicating potential overvaluation [2][3] - Despite a 34% decline year-to-date, Tesla's stock has increased by approximately 45% over the past year and over 1,000% since 2018 [6][7] Group 2 - Analysts believe Musk will refocus on Tesla, reducing his involvement in other ventures, which could positively impact the company's performance [1][7] - Upcoming developments for Tesla include more automated factories, the launch of the Cybercab next year, and a semi-truck factory expected to be completed this year [7]
There are clear dangers with betting against brilliant Elon Musk and Tesla