Elon Musk's Tesla Stock Overvalued By 1,000% — Market Price 'Disconnected From Reality,' Says Analyst - Tesla (NASDAQ:TSLA)
Source: benzinga.com
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Elon Musk‘s Tesla Inc. TSLA may be riding high on the AI-fueled tech stock boom of 2023, but not everyone is convinced of its valuation. David Trainer, CEO of…
One analyst says the carmaker's true value lies closer to $26 per share than $290 – suggesting it's more than 1,000% overvalued.
Shares of Tesla sank more than 9% on Thursday after the company reported mixed results for the second quarter. Now, some Wall Street analysts are making the…