[ELI5] What does it mean when people say that Tesla stock is overvalued?

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I just saw a post that said Tesla stock is only worth 1/5 as much as it’s valued as. It doesn’t make sense to me.

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Anonymous 0 Comments

Tesla used to be the only real EV game on the market, but now, almost every manufacturer is making (or starting to make) EV’s of quality, and these competitors have a lot more experience than Tesla at making autos. Telsa’s seem to have more problems than any other car right now.

I am not considering a Tesla, where as 2 years ago, it was strongly considered. Elon’s looney-tunes behavior isn’t helping. I don’t think that any reasonable person would have confidence in buying a Tesla right now.

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