Tesla stock price has been flat for the last 5 years and has only recently stated pumping due to the possible merger. At current valuation $TSLA is still way overvalued, so why should $SPCX pay a premium for that piece of shit larping stock? They should be thankful at getting a merger of equals at most. Their automobile segment is facing pressure from china and FSD will take years to roll out, while Optimus is a decade away. As for last quarter $SPCX is growing at +160% YoY and forward p/e is at 72 compared to $tsla at 159 at a lower valuation. Tesla shareholders should not get a single fucking penny in premium should a merger take place
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