Tesla (TSLA) Stock Pop Analysis: Melius 'Must Own' Call vs. Bearish Reddit Counterarguments

Tesla (TSLA) saw a 6.8% gain between Nov21 ($391.09) and Nov24 ($417.78) [0] driven by Melius Research’s bullish call citing Full Self-Driving (FSD) progress and Elon Musk’s AI chip updates [1]. The Technology sector was up only 0.149% on Nov27, indicating the gain was company-specific [0]. Bearish claims from Reddit include FSD overhype compared to Waymo, declining financial performance (unverified due to tool limitations), and the 7% jump being based on dubious news [2].

Cross-domain correlations: The 6.8% gain highlights how analyst commentary can move TSLA despite its high valuation (P/E ratio of 224.52) [0]. FSD remains a polarizing catalyst—bulls see it as a long-term driver while bears view it as overhyped [1,2]. The repetitive positive narrative about FSD and AI chips may reduce the impact of future news on investor sentiment [2].

: Extremely high valuation (P/E ratio 224.52) [0], FSD overhype vs. Waymo [2], sell ratings from HSBC/UBS citing valuation concerns [1], and the short-term gain being driven by analyst commentary rather than fundamental improvements [0]. : FSD progress and AI chip developments could act as long-term catalysts if delivered [1].

• Price movement: Nov21-24 gain of ~6.8% [0], current price of $426.58 (Nov27) [0]
• Valuation: Market cap of $1.37T and P/E ratio of 224.52 [0]
• Sentiment: Mixed (bullish from Melius, bearish from Reddit and some analysts [1,2])
• Core debates: FSD progress, financial health, and the sustainability of short-term gains [0,1,2]