Obviously in this unpredictable market it’s possible that TSLA could recover and reach new all time highs, but for the sake of this discussion, assuming the market continues to tumble over the next 6 months, how low do you think TSLA will go?
(These are post stock split numbers)
For reference, TSLA is currently at 200 a share, down 50% from its ath of 400. So it could seem like a good deal at the moment. However when you look at it’s 5 year chart (which a surprising amount of autists here never have), you see that it was at only 30 a share in January 2020 right before the covid madness. So it seems reasonable to assume it could still fall significantly more.
The thing with TSLA stock is people aren’t just investing in a car company, they’re investing in all of Elons other ventures. Selfishly, I’d like to see TSLA fall to around 100 a share and if it does I’ll load up on stock and continue to do so. I absolutely could see TSLA reaching 1000 a share again in the future.
Thoughts?
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I wouldn’t pay more than $50 for this stock but the market can be irrational for a long time…
Imo $TSLA is the 2000-2001 $CSCO of this market. Sub $100 stock price is not crazy.
Elon is dope, his companies do amazing things, but $TSLA’s valuation makes no sense and it could be a decade before new all time highs.
Musk better have my money
At the moment they have little competition, that’s going to change big time over the next 7 years as the ICE ban comes in.
By 2030 they could be the modern day blackberry or Nokia.
Would you buy a Tesla over a similar spec’d and priced electric VW, Merc or BMW.
1000 by 2024
130
Only Jesus can give an answer
Tsla is beyond any technical and fundamental analysis
Will touch $181 this year. It”ll be the minimum.
If Elon can (eventually) deliver on any of his promises, it would be ground breaking to any industry he’s involved in.
I just need it hit 220 next week then what ever is what happens! Imo don’t have one for Elon seems like intelligent man but not good with people,
I think it will continue downward with little jumps once in a while. Probably continue to do so til there is more known about Twitter deal and Elon being investigated. I think all the China factory covid restrictions are done with. I’m with you on $100 but I can’t see it happening unless Elon and Twitter deal and take over is chaos.
I’d like to see sales numbers before I make an assumption.
It’s savagely overvalued. Speculation to the extreme…. could beALOT
It is tough to put a real valuation on TSLA stock because of its cult followings. I think TSLA stock will bounce better than the overall market.
Furthermore, TSLA is the only one EV manufacture that has the scale in term of production and charging infrastructure. Due to the supply constraints, it will take years for any competitors to even get close.
Tesla’s margin is 15-20% with only 2 giga’s. Thats all! This cash generation in high interest rate period great. To all idiots looking for <100$, dream on.
I agree with what your line of thinking is, but I’m not sure whether the market would agree with my though process. Everything I’ve been doing has been just what the market thinks is stupid.
I’d say all the way down to about Three-fiddy…
COVID stimulus money won’t happen again, auto aprs going up, total auto sales of all vehicles still 4 million a month below preCovid
https://fred.stlouisfed.org/series/TOTALSA
Hiring slowing so demand probably dipping…
Generic bet another 30 percent down from now over next 6 months. Will it be worse than overall market I don’t know
I hope TSLA does a NFLX on earnings this week – I doubt it but ![img](emote|t5_2th52|18630)
It’s a bear market, valuations matter now, calculate a 10 to 15 PE for TSLA so 30 to 50? Tsla is best of ev stocks but it’s overvalued beyond all rationale.