Tesla's 10X P/S Premium: Is the Stock a Buy, Hold or Sell Now?

Tesla (TSLA) is one of those stocks whose valuation has long been divorced from its fundamentals. It has always traded at a premium, backed by promises of its long-term potential. For years, that premium felt somewhat justified. Tesla didn't just sell cars — it transformed the electric vehicle (EV) space, much like Amazon reshaped retail and Netflix disrupted entertainment. For many, Tesla was the first name that came to mind when talking about EVs. But that first-mover advantage is fading. Competition is f ...