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.
“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.
But you should invest with your head not your stomach, according to one bearish analyst, citing Cava’s potentially worrisome financials.