When Elon Musk’s SpaceX helps NASA bring a vehicle to the Moon, it most likely won’t be a Tesla (TSLA).

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Tesla shares have surged on investor optimism that President-elect Donald Trump will bring forward policies that benefit his ally, CEO Elon Musk. But those gains are entirely based on momentum, not any changes to the company’s fundamentals, UBS analysts warned on Monday.

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Tesla’s (TSLA) pollution issues have reportedly gone unaddressed at its Texas headquarters, adding another link in Elon Musk’s lengthy chain of environmental problems caused by his companies’ factories.

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