$Tesla(TSLA.US) Tesla is back in the spotlight — up nearly 2%, and now planning to double the number of Robotaxis in Austin. Its AI chips and that billion-kilometer autonomous-driving dataset are undeniably hardcore, and Wall Street does seem a bit swayed by the raw tech strength. But with valuations stretched this high, long-term potential doesn’t mean you can just chase it now.

A lot of the aggressive Robotaxi expectations are already priced in, while the real-world rollout and profit model are still big question marks. I’m watching cash flow and new-order numbers instead. Slow and steady is fine — I’d rather wait for the hype to cool before even thinking about a big position. Jumping in to catch a rebound just isn’t my style.