The autonomous tech is still largely unproven—FSD has regulatory hurdles, safety incidents, and scalability issues that haven't been solved at fleet scale. The market cap at $1.5T is unprecedented for an automaker with declining deliveries and shrinking margins (auto gross margins down to low teens). It's all hype right now: remember Theranos promising revolutionary tech but collapsing under scrutiny? Or how WeWork/FTX blew up on narrative alone? Don't get me started on macro—Fed might pause cuts if inflation sticks, yield curve signals recession risk, China's EV competition is crushing Tesla's volumes, and geopolitical tariffs could disrupt supply chains. This is trading at 300x earnings—classic bubble waiting to pop. Sell before reality hits. Bullish. What's a P/E? Bullish. What's a P/E?
Caption this Meme
