From Red-Hot to Humdrum

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What if you knew that in 2026, people found Nvidia to be the most boring stock imaginable, and the world has more or less loss interest in it? Pretty shocking, eh? That’s what’s happened to Tesla. This has gone from the hottest of the hot meme stocks to something a little less exciting than a passbook savings account. It seems to have found a happy home at, oh, about $175 or so.

This is illustrated by its implied volatility, which has been leaking air for the past few years, in synch with Tesla’s demise as the stuff of dreams into something more like a relatively stable and conservative relic.

If this sucker ever breaks $160, however, look out below.