Is Tesla Stock Under $360 a Share an Obvious Buy in September?

Tesla stock has fallen over 20% this year and trades around $360, below analyst price targets. While the company achieved record Q2 EV deliveries with 26% revenue growth, profitability declined due to heavy capital spending on robotaxis, AI, and robotics projects. The analyst suggests the stock is not an obvious buy due to execution risks and lofty valuations (P/E ratios of 150-330), but could be reasonable for risk-tolerant investors with a 5+ year horizon.