So the title says it all. I have been around Tesla since my first test drive on January 14th 2013. I have been an investor since March 2013. I have followed the company since ~$35, and held strong since. I have made tons of money, and also gotten burned like a lot of you guys on Q3. Of course I just graduated college so tons of money for me is equivalent to a day's trade for many of you guys, but I digress. At what point do we start questioning the valuation of this company? There is so much positive energy around these forms, especially on days like today when we are up 10%+ that we forget to be rational. Tesla is an amazing company and there are simply no words to describe the car. But these valuations are clearly speaking to Tesla being more than just a car company. How do we correctly price in the risk factors when the company won't grow into its valuation for another 5-10 years? At some point this euphoria has to die out. I feel like $180-$200 is a decent price for the stock, but $255 is simply madness is it not? I know all of us here can make a case for why the company should be worth a lot of money, but should it be worth over $30B when you discount for time value of money and take into consideration the risk factors involved? Is Tesla simply another product of the crazy tech bubble where companies like Whatsapp are valued at $19B, FB at $175B and GOOG at $410B? At what point do we say enough is enough, the price has gotten too high for the tesla fans to buy into the company?