Tesla overvalued, bets big on SpaceX, xAI: Scaramucci

Scaramucci says Tesla’s valuation is inflated by Elon Musk’s 'cult of personality' despite eight weeks of losses and negative cash flow forecasts. He views Tesla as overvalued but is betting big on SpaceX and xAI, citing strong conviction in Starlink and satellite infrastructure as superior long-term investments.