Tesla's stock is overvalued?

by Daballoti. Posted on Sep 10, 2020    0    4


Tesla's stock is up nearly 800% in the last year alone and trades at an estimated 159 times forward earnings. At a current average selling price of $57,000 and assuming 10.9 million cars are sold by 2030, Tesla's market share is only 42%, David Trainer says.

https://preview.redd.it/iz1eyscrgpl51.png?width=1024&format=png&auto=webp&s=3da649f588ef186f19625803860d0a8c0c044cd2


Comments

BigBalli 1

Stock price is not the result of company value.

captain_pablo 1

Stock price is also not a giant pink rabbit eating an ice cream on the moon.

BigBalli 1

Unless it's TSLA.

fudabushi 3

Thanks I'm glad you're bringing this to our attention as it hasn't been discussed much in the last few months.