KarynDoc

Where do people think the stock price will stabilize at? I used to think $100 but now I'm not so sure.

#Tesla
#TeslaStock
#Elon

Dec 27, 2022 at 9:23pmWeb
Show threadLiam LemonDec 27, 2022
@KarynDoc the p/e ration is still around 33. Compared to other auto companies Tesla is still way overpriced. Seems like 10 is a more reasonable p/e for Tesla. That means potentially #tesla stil has a long way to fall. Maybe stabilize around 30-40 dollars
Show threadKarynDocDec 27, 2022
@dmb677 thanks. So much of the price seemed built on hype.
Show threadDave ByrneDec 27, 2022

@dmb677 @KarynDoc Agree, further to fall. I would give them a bit more credit. Say 50-60. Based on established battery supply. Newer better class manufacturing assets and some sort of premium for the chance of getting FSD working at some point. But they have some bad stuff they need to intercept, aging product line up, loss of novelty, brand erosion, no CEO.

Not the right time for the CEO to go missing and turn into a twenty first century Howard Hughes.

Show threadDer TröterDec 27, 2022
@dmb677 @KarynDoc You are missing that Tesla is more than just an automobile company.