Tesla drops 7% after Goldman Sachs says the stock is worth $180
It is not manipulation.  The stock is tremendously overvalued and has been basically forever, but that doesn&#x27;t mean it will go down.  Unfortunately &quot;fundamental value&quot; doesn&#x27;t mean shit in a popularity contest where you have a lot of retail money investing in whatever they happen to like.<p>Although equities historically are the asset class providing the best return over the long-run, this is why I prefer bonds.  With a bond, if your analysis is right, you get paid at maturity.  With a stock, you can be right, and it doesn&#x27;t matter.  Stock is only worth what somebody will pay for it, and that can largely be determined by sentiment.