Tesla acting like a meme stock — sagging fundamentals ... price has nothing to do with its actual profits or function as a car business. He's just late to the game — Tesla's been like this ...

Yet the stock popped. Jonas concludes that this dismal quarter was “emblematic of a company in the transition from an automotive ‘pure play’ to a highly diversified play on AI and robotics.” ...

Tesla’s market share is plummeting and at least one seasoned investor says it looks more like a meme stock than a member of ...

However, a 51x P/E ratio is excessive for an automobile company with profit margins that resemble other car companies.” It’s clear that Gross sees meme stock status as a negative attribute ...

Valuing Tesla has always been difficult, leading to big spreads between the lowest and highest price targets on the stock, amid a wider debate on whether it should be treated as a car company ...

These are not ideal situations for a car priced in six-figure territory ... easily pick up speculative interest from meme traders. Currently, LCID stock carries a short interest of 28.05% of ...

“As we have seen countless times in GameStop (GME), AMC Entertainment (AMC), Avis (CAR), and others, when a stock reaches meme status and has a limited float, the stock can go higher than most ...