Hopefully they gona hit target of $17bn. Just top up my Tesla shares :
Elon has said heāll be talking about the product road map, this is something he said he wouldnāt do. It could be to distract from an earnings miss?
$67 is low, but it was down around $80 in 2020, I would say those stock price targets are way too high given the current headwinds and the current very high valuation compared to their peers.
The current crazy market has distorted a lot of peopleās view of stock prices IMO - they hit a PE of 1000 and are still on a PE of 300 - yes this is coming down gradually, and yes growth stocks may have a high PE, but TSLA is valued as if they are going to dominate the car market when that is far from decided.
To be fair he says and does a lot of things he says he wouldnāt do.
Itās amazes me how far apart analysts can be. Earlier one was quoting NFLX at ~$150.
$67 is around 20x revenues as opposed to 295x that is currently trading at. This would be closer to the P/E of a traditional manufacturer - which Tesla isnāt.
When youāre pricing a stock, ignoring what itās trading at, you have to factor in future growth from todays numbers. This analyst is clearly not a fan of Netflixās ability to grow while keeping costs sensible.
Analysts covering a stable business like P&G or Unilever give a much closer price target.
He does, but heās not stupid, it always has a reason.
Sure, but markets undervalue stocks as well as overvalue them so I donāt find that price incredible. Tesla has been undervalued before (pre 2020) and is currently still overvalued IMO.
Itās in Elon & Teslas best interest to create confusion over how to valuation them. All the while their over valued they get access to cheap capital and stock options keep people around / attract the best talent.
Want too see $1100 tomo take the profit and go for holiday
Do we buy more now or wait for it to drop if it does
I hope none of you are sellingā¦
You cannot time the market
Well see
Iām going to put my neck out here and call an earnings miss. Iām a former shareholder and big fan of Elon (ās achievements) but Cybertruck talk and memes only means one thing ā¦
happy to be wrong as I want my Cybertruck
Do you think that this is due to a lack of ICs?
Iām old enough to remember Branson doing stunts for attention. I remember his balloon crash landing a stone throw from my house.
This is a twist on a similar ploy. We didnāt have social media in those days.
Donāt throw stones at balloon @JVT!