Of course it's not normal. Even if tesla were to drop in half it would still be completely overvalued. Too many believe this market is a normal bull market just making strides into the sunset. Its NOT. I posted about teslas valuation many times especially after hearing they are valued more than the biggest car manufacturers combined, again this is because of the fed. The fed fed fed fed fed and printing their trillions. This is why tesla is where it is. Take the fed completely out of the equation and tesla would be worth 1/10th what it's worth at this very second.
So what is your solution? How long have you been complaining about the extended bull market and stretched valuations? So long as the market is going up, why not ride along and make $? Sure, you can't catch the exact top and bottom but isn't it even worse to sit on the sidelines as your cash erodes or worse yet die trying to short a massive bull market?
