So you are correct about Tesla's valuation but the market and all it's millions of participants as well as analysts, who have price targets well above the price

So you are correct about Tesla's valuation but the market and all it's millions of participants as well as analysts, who have price targets well above the price now, are wrong. Erm ok. The stock price is whatever someone is willing to pay for it so it can't be 'overvalued'. I guessing you would think a Picasso painting selling at $10 million is way over valued as the paint and canvas it was painted on are only worth $50.