Maybe Musk has reached the obvious conclusion --- Tesla can't compete with the Chinese auto manufacturers in the global marketplace. TSLA is no longer growing

Maybe Musk has reached the obvious conclusion --- Tesla can't compete with the Chinese auto manufacturers in the global marketplace. TSLA is no longer growing and the stock is outrageously over priced. The P/E ratio for most global auto manufacturers is around 10. The P/E ratio for Tesla --- 170. Stocks go up like stairs, one step at a time. They go down like an elevator --- controlled freefall. The elevator is waiting for Tesla with the door open.