$NVDA withdrew its fy guidance. It’s the Apple of GPUs now. $AMD is still weeks away from a Navi launch at Computex. What happened to $TSLA? Sub $200 next. User undecided writes: Thoughts on TSLA: The fall from 300 back in Red December to 210 today has, so far, been bad news for longs and stonk people, salivating news for the wsb demographic. $TSLA, Tesla, Inc. / H1 From a fundamental viewpoint, why is TSLA so "overvalued"? People say it's one or the other: Insane growth potential, or retail investors getting their Musk. But institutions are the big movers with this stock, which is why the Rowe news, coupled with the NTSB investigation and Musk email hurt so much. TSLA sentiment has gone down bigly, but I think there are enough people at this point who are willing to take the risk. Hedge funds, et al all recognize that TSLA has the name and reputation at this point, no matter how much other automakers and analysts bash the company. Personally, I drive a Model 3 and I'm impressed. I bet there's enough hedge fund managers who think the same. Built on hype, TSLA is still a 35B company at minimum for this year. Just look at companies like Shopify that only go up, up, up. All the bad news is priced in at this point - their China debacle, "electric car bad and explody" , the fact the Musky Boi is mental. Only two things can make it go tits up: Musky has an "accident" or China specifically tries to strangle Tesla in a trade war escalation. I'll put the floor at 200, perhaps hitting 190 or so briefly. My play is to sell a few naked puts expiring before the next earnings call. … $LK, the Starbucks of China? Hardly. Buy five coffees, get five free seems unsustainable. Let's talk about valuations on our favorite cloud stocks: $MDB: 8b (-1.92 EPS) $TWLO: 18b (-1.31EPS) $TEAM: 30b (-1.79EPS) $OKTA: 12B (-1.17EPS) $NTNX: 7B (-1.76EPS) $BOX: 2.9B (-0.96EPS) $APPN: 2.3B (-0.91EPS) $SHOP: 30B (-0.68EPS)