I've read Wolfstreet for a while now and have yet to read any positive news from it. It's mostly warnings about how bad something is without much balance. I guess if you are down on everything then you are bound to be right sometimes. It's like the broken clock that's right twice a day. It's true but it's not very useful.

This Tesla analysis is something that could have been done anytime within the last 10+ yrs and still come up with the same conclusion: It's overpriced. Yet, it continues to go up. How much should it be worth? Whatever buyers are willing to pay. No accounting analysis will give you the right answer.