Meet Kevin on $TSLA (Nov 4, 2026)
Tesla is overvalued on its own, but a combined Tesla-SpaceX entity would be a good deal, and because SpaceX would likely pay the premium, Tesla would be a better buy than SpaceX right now — only if the acquisition goes through, which is uncertain.
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Yeah, I know SpaceX and Tesla are coming down a little bit. So, here's my take on these guys. Okay, Tesla is down 2%. SpaceX is down 2%. So, first of all, Tesla is probably even though Tesla's valuation on its own is overvalued.
If you combine Tesla and SpaceX, they're actually a good deal. SpaceX is probably going to pay the premium for Tesla, which ironically makes Tesla a better buy than SpaceX right now for if the acquisition goes through.
We don't know if it will. We just think it might. If it does, then the combined entity value is actually decently priced for SpaceX and Tesla.
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