Tesla Stock 1,000% Overvalued, 'Disconnected From Reality': Analyst
One analyst says the carmaker's true value lies closer to $26 per share than $290 – suggesting it's more than 1,000% overvalued.
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One analyst says the carmaker's true value lies closer to $26 per share than $290 – suggesting it's more than 1,000% overvalued.
One analyst says the carmaker's true value lies closer to $26 per share than $290 – suggesting it's more than 1,000% overvalued.
To have any upside at current levels, Tesla must improve its ROIC to levels not achieved by even the most profitable businesses in the world.
“Tesla’s stock fundamentals are completely disconnected from reality,” says New Constructs CEO David Trainer.
Trainer warned that Tesla would have to earn twice the annual profit of Apple by 2032 to justify its current valuation.