Seeking Alpha
22 Oct 2026, 11:45 UTC · 1h ago
There Is Almost Nothing Tesla Can Do To Justify This Absurd Valuation
Impact · against what's priced in
The Q3 results reinforce a bearish trend but do not provide a fresh catalyst for a price correction. The revenue miss and ASP declines merely confirm the existing contraction in the core automotive business that the market has already factored into the current valuation.
- TSLA−0.10
Already priced in
- The price assumes
The current, contracting automotive business, which delivers 73% of revenue but is shrinking at 9.8% annually.
The Q3 revenue miss ($28.05B) and declines in deliveries and ASP confirm the ongoing contraction of the core automotive segment that the market already assumes.
What TSLA's price assumes · Aug 25
