Is Tesla’s Stock Still Overvalued After Its Q3 Results?

Is Tesla’s Stock Still Overvalued After Its Q3 Results?

Tesla published a stronger than expected set of Q3 2021 results despite the ongoing chip shortages and supply chain issues weighing on the automotive industry. While Tesla’s adjusted EPS rose by about 2.5x to $1.86, almost $0.34 ahead of our estimates, Tesla revenues rose by 57% year-over-year to…