Tesla: More likely to 2x from here or crash by <50% in the next two years?

I wonder what people think. There are a bunch of commenters and videos that seem to be more on the bullish side, but I just don't see it. Tesla is priced at a PE ratio that's never been seen before by a top 10 market cap company since Cisco at the peak of the dot com bubble. And it's priced as though it is going to win in a variety of industries with ground breaking future tech, as though they are already the foregone leaders, completely ignoring the fact that they are far behind the leaders in autonomous driving, power generation, and robotics. I just don't get the hype, and am curious about where people generally side with on this.