$TSLA has had wild swings in valuation from under 2 times sales and over 20 times sales in the past few years. Granted, you have to know the future to know what the sales are, but in 2019 it was insanely cheap just as the Model Y was just starting to sell. The MODEL Y is why Tesla has done so well in my opinion. It has dominated and is still growing insanely fast...
Tech stocks have been soaring, but can this outperformance be sustained or will this artificial intelligence (AI) driven boom mimic the internet explosion and subsequent bust of the 2000-2002 period?
Today, gains in the sector are concentrated in large companies like Nvidia and Meta, with year-to-date (YTD) returns standing at 225% and 148% respectively,...