TESLA GOES LOOSING ITS GOLDEN VALUE — DON'T SAY "MEOW - MEOW"TSLA/XAUUSDGBATS:TSLA/FX_IDC:XAUUSDGPandorraResearchTesla’s stock, priced in grams of gold rather than dollars, illustrates how its aura as a “forever growth” icon is eroding even while the nominal share price still looks impressive. When benchmarked to gold, TSLA’s long arc shows a classic blow‑off phase followed by a grinding loss of relative value: each share now commands far fewer grams of gold than at the peak, signaling that real wealth preservation has quietly slipped away. This is not just volatility; it is a structural derating of the narrative. For @PandorraResearch Team, the key message is that the market has started to treat Tesla less like a unique technological champion and more like a cyclical, capital‑intensive automaker with crowd‑sourced hype. The gold‑denominated chart underlines how much purchasing power early believers have surrendered if they held through the peak instead of rotating into harder assets. TSLA can still (potentially) meow-meow in dollar terms, but the strategic takeaway is that the “golden age” multiple is gone: what remains is an expensive, maturing business whose stock has already spent years quietly devaluing against hard benchmarks like Gold.