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Forget GameStop. Wall Street Says Tesla Is the ‘OG Meme Stock.’ What Does That Mean for TSLA Here?

A few years back, GameStop (GME) grabbed headlines during the meme stock frenzy. However, one Wall Street analyst argues that Tesla (TSLA) currently holds the title of the original meme stock. Barclays analyst Dan Levy recently told CNBC that Tesla's 29% September rally mirrors the retail-driven mania of 2020 and 2021, with a crucial difference: this time, the fundamentals might support the hype. More News from Barchart Levy doesn't mince words about Tesla's unconventional valuation. Trading at 180 time ...