The goal of long investors is to buy stocks that I am sure someone is willing to pay a higher price. It is not to analyze financial statements and guess what is a fair value for a stock. It took me decades to learn that. Investing is not an analysis game. In the stock market, it's the price game. Clearly, people are willing to continue to pay higher prices for Tesla. Tesla is the culmination of the greater fool theory. There will be a moment in time that there are no more fools but the fools are making the money. The analyzers and PE EXPERTS are missing the greatest move in market history.
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