I love the $Tesla(TSLA.US) story: Most profitable EV business model on the planet, generalized unsupervised autonomy about to scale, Optimus robot manufacturing starting in 2026, fully-engaged @elonmusk. But I dislike the valuation: 2026 P/E 220x vs long-term forward EPS growth of +35% (6x PEG) and continued falling earnings ests (-11% in last 3 months, -47% over past year). Critics tell me to ignore the financials and just focus on the tech, but that mindset will get you in trouble every time.
The next major catalyst is an announcement by $Tesla(TSLA.US) that the safety monitors are coming out of some or all the Austin cars, which signifies the technology is ready, and $Tesla(TSLA.US) robotaxis will hereafter drive unsupervised and autonomously. @elonmusk has promised this by year-end, which is likely why TSLA stock keeps going higher.
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