TESLA comes up a lot.
That is because people fundamentally have problems agreeing what company Tesla is.

If you think Tesla is a car company and is judged as one, then it is a massive bubble.
If you think Tesla is a disruptor that will dominate the auto industry once the shift to electric is done, then it is fairly priced.
It's all in how you do your calculations for Tesla and what your base comparison model is.

KLSE? Definitely some discrepency between the highs of the stock market and the dragging economy. Still, it may not be a bubble that is going to burst. There is also the chance that the economy will grow and recover to reach the heights of the bubble, which means no crash correction happens.

I'm more of a bear so I'm looking the other way.

If the risk is only with Tesla, isn't the blast radius fairly contained for a single stock?
The dot com buble was huge because it wasn't just a stock, it was an entire industry propped up on sky high PE ratings because nobody knew how to price these new tech companies.

Unless, of course you are referring to the FAANG stocks being in a massive bubble too.

I have no better way to say that I share your viewpoint other than saying I am sitting on net cash.
2021 will be my year of waiting. Opportunity cost, I have accepted.

It is now spreading to various stocks.
Anything related to EV, now surge like no tomorrow, typically in Taiwan stock market, whereby there are plenty of semi-conductors listed companies that are essential for EV as well as outsourcing companies that produce range from chips, IC and automotives parts. .