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Yes, you are correct.

Which only further enhances the overall point, there is no reasonable auto marketplace data (actual or even projected) to support the current valuation.

The "Magnificent 7" should really only be 6 with Tesla being the odd one out.

Some of the reports on it from stock market "analysts" are almost comical and often rely on an appeal to tradition --- it's always been this way. Exactly the sort of nonsense cold hard "analysis" is supposed to cut through.

It's as if there is some significant pressure to emotionally support the big investors that are heavily bought in.



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