With the major equity indices trading near all-time highs, quite a few companies across various sectors are now priced at lofty valuations. Two popular stocks on Wall Street that fit this description are Tesla (TSLA) and Palantir (PLTR), which analysts believe are significantly overvalued at current levels. Let’s see why. Is Tesla Stock Overvalued Right Now?With a market cap of $810.7 billion, Tesla (TSLA) is the largest automobile company in the world. While shares of the electric vehicle (EV) maker are down 38.6% from all-time highs, they have more than doubled since the start of 2023. Howev…