NASDAQ:KUST News 28 January 2026

January 28, 2026, 12:32 PM EST. Veteran fund manager George Noble, former director at Fidelity International, calls Tesla's $1.4 trillion valuation the biggest bubble in stock market history. He argues the stock price is driven by hype and future promises rather than fundamentals like sales and earnings. Despite Tesla's lofty ambitions in solar, autonomous vehicles, and robotics, 87% of revenue still comes from vehicle sales, which have declined for two consecutive years in 2025. Noble warns of a potential 80% plunge in Tesla shares, predicting the stock should trade between $60 and $140 per share based on traditional financial metrics. His critique underscores a disconnect between narrative appeal and core business performance, suggesting investor optimism may be dangerously misplaced.