[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 is worth a ton compared to the actual size of the company and their sales.

But saying that the stock is overvalued is an opinion. A stock is valued what people pay for it. So if these people are so sure that tesla is overvalued, then why aren’t they putting in massive short positions to make lots of money when the market adapts? Because they aren’t that sure that Tesla is actually overvalued, it’s just an opinion.

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