from that link: >“We are encouraged by Tesla’s execution and think it deserves to be among the world’s most valuable auto companies, and is perhaps the most imp

from that link: >“We are encouraged by Tesla’s execution and think it deserves to be among the world’s most valuable auto companies, and is perhaps the most important auto company in the world given its EV leadership. However, we think investors will be presented with more attractive opportunities to own the stock in the future,” Jonas said. It's that "opportunities to own the stock in the future part" that got me. People just want to own the stock. Tesla has gotten big enough so it is pretty unlikely to fail. Customers love the product, there are several "it is the future" features. People want to own a part of that. I don't think many people are selling because of that. Even if it is really expensive right now.