Source Post

I Informed Investors I Thought Tesla Stock Was Overvalued: What Do I Think Now?

Parkev Tatevosian, CFA

Mar 30, 2026

The creator, who previously rated Tesla as overvalued, is updating his recommendation. He notes that despite a 16.4% stock price drop, Tesla has outperformed the broader market's decline. However, he remains bearish on the company's robo-taxi expansion, citing significant underperformance compared to projections, issues with camera-only navigation in adverse weather, and a higher crash rate than human drivers. He believes the robo-taxi service is further behind schedule and its revenue generation potential is much more distant than investors anticipate.