>Contemptuous comments about bajillion-dollar valuations and hype don't provide any value to this discussion. The OP asked why the stock was down, and whether

>Contemptuous comments about bajillion-dollar valuations and hype don't provide any value to this discussion. The OP asked why the stock was down, and whether this was a buying opportunity. I offered perspective that it might not be, based on the analysis of someone respected in the field. I understand that DCF models can produce any numbers you wish (as does Prof. Damordaran; says so right in the article). But there's his model and there's his numbers, based mainly off assumptions that Tesla builds cars. Tell me, what value did your comment add to the discussion? If I sound "contemptuous", it's because the hype and fandom is tiring. Read the comments in this thread ("Tesla <3") or on Prof. Damodaran's article ("You can't vaue Tesla unless you've driven one!").