I'm always amused when the Financial Times -- a paper that I tend to think of as "stodgy" -- publishes lines like:
Several other commentators have spotted this apparent disconnect between Tesla’s fundamentals and the fundamental analysis.“The sellside analysts taking up their price targets on these numbers are whores,” Gordon Johnson, the Tesla permabear founder of GLJ Research, told us by email on Thursday, adding helpfully: “feel free to quote GLJ on that word for word.”
But yeah, it really is hard to explain Tesla's stock success in relation to their actual sales figures and profits.