Tesla (TSLA) stock nears $500 amid Waymo outage, sparking rally. Investors question psychological resistance at $500 and potential short-term sell-off. Valuation debate surrounds Tesla’s transformative technology. Tesla’s diverse offerings include AI, robotics, and energy solutions. YTD returns surpass S&P 500, pointing to continued growth fueled by AI investments.

TSLA trades at premium valuations, with extreme metrics compared to historical averages. Musk’s visionary statements on AI and robotaxi future complicate valuation. Investing at all-time highs poses risk in volatile market conditions. Decision to buy below $500 hinges on faith in Tesla’s AI and robotics leadership. Q3 earnings miss EPS but beat revenue estimates, driven by automotive segment growth.

Musk anticipates 3 million car production rate in under two years. Challenges persist with Optimus humanoid robot and regulatory hurdles for self-driving. Mixed analyst opinions on Tesla’s valuation, with “Hold” consensus. Stock trades around midpoint of mean target price. Future success tied to company’s ability to navigate supply chain and regulatory obstacles.

Read more at Yahoo Finance: Is Tesla Stock a Buy Under $500?