Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk's electric-vehicle maker remains overpriced. The company's market capitalization has dropped 45% since hitting an all-time high of $1.

Musk thinks Tesla's profits can go up 1,000% in five years. Its electric vehicle business is struggling right now, and its new products are taking a while to come to market. The company is unlikely to grow its profits this quickly,

Tesla’s stock plummets, wiping out billions from Elon Musk’s fortune and raises serious questions about his leadership and future dominance.