Top Analyst Questions Tesla's Valuation Amid Declining Sales: 'Doesn't Make Mathematical Sense' - Tesla (NASDAQ:TSLA)
Investor and analyst Gary Black, managing director of The Future Fund LLC, has questioned Tesla Inc.'s (NASDAQ:TSLA) valuation yet again as sales continue a downward trend.Does Not Make Mathematical SenseIn a post on the social media platform X on Tuesday, the investor raised questions about the EV giant's valuation. "$TSLA can't trade at a 200x+ forward P/E if EV sales continue to decline," the investor shared in his post."I realize TSLA isn't just a car company," Black said, but added that the valuation ...