elon musk tesla stock overvalued

Put simply the price of the stock is currently trading at 200 times next years. On May 1 Tesla stock fell.

Tesla Stock Closes Down More Than 12 After Musk S Twitter Deal

The searing rally has been driven by production growth EV frenzy and frontman Elon.

. He is not alone in thinking the current deal is overvalued. Teslas market cap is 783 Billion today which is utterly absurd. Overvalued Tesla Stock Makes CEO Elon.

The Big Short investor Michael Burry said Tesla stock could plunge 90 in value. Teslas chief executive Elon Musk said on Twitter on Friday that the companys stock price which had been surging in recent weeks was too high in his opinion. Ives said Musk needed to hurry up before Tesla and Starlink stock fell again.

Teslas buying of Bitcoin is indeed a diversion. Several analysts also said that Teslas valuation is too high. We Looked at the Math.

Elon Musk calls Teslas stock overvalued. The stock fell sharply. Shares drop Teslas TSLA stock is up nearly 50 percent this year and apparently even its outspoken CEO Elon Musk thinks that is too far.

Find out why Tesla is one of the 10 best stocks to buy now. Elon Musk is also critical of the COVID-19 lockdown. You will be amazed how much this stock falls and it is shorts dream come true.

Nothing about Tesla as a company changed yet the stock price dropped. After Teslas stock has already risen over 400 this year CEO Elon Musk said he thinks the company will be worth more in 5 years in an interview with Recodes Kara Swisher on her New. The stock is worth just 200share today an 80 downside to the current price.

5 2021 720 am ET Original Nov. Teslas stock price is 816 today. The first is Teslas forward looking price-earnings ratio which is now at 200 according to Morningstar.

Teslas stock has surged more than 20000 since it went public in 2010. 4 2021 312 pm ET Order Reprints. Tesla stock price is too high imo in my opinion Musk said on Twitter.

Was it on purpose. Teslas TSLA stock is up nearly 50 percent this year and apparently even its outspoken CEO Elon Musk thinks that is too far. Brian Sandoval at the National Governors Association summer meeting on.

Now give people back their FREEDOM he demanded shortly after and then cited lines. Tesla Stock Is Overvalued by 1 Trillion Analyst Says. Irascible outspoken Tesla chief Elon Musk went on another Twitter rant Friday including saying the companys stock was overvalued which sent the electric carmakers shares tumbling.

Answer 1 of 5. AutoNation CEO Mike Jackson said Teslas. This is after a 5-to-1 reverse split in the summer of 2020.

Elon Musks tweet on Friday wiped off 14 billion 128 billion of Teslas market value and some 3. Stock fell Friday morning after Chief Executive Elon Musk took to Twitter to say the auto makers share price was too high in a series of messages he posted on the. 2020-09-28T201107Z Emily Graffeo The letter F.

CEO Elon Musk said that the companys price is high. Tesla shares took a nose-dive Friday morning after a post from chief executive Elon Musks Twitter account said the company was overvalued. Tesla CEO Elon Musk says the stocks price is high but he thinks the company will be worth more in 5 years.

Ive gone on the record several times that the stock price is higher than we have the right to deserve and thats for sure true based on where we are today Musk told Nevada Gov. Musk has offered to sell shares at a time when the companys market cap is near its all-time high. I cant say for sure but Im confident that its a whole lot less than Teslas current 142 billion market cap.

Michael Burry is right. Many people including Michael Burry think that. Despite his tweetstorms and rants of the past Musk still managed to surprise investors last week when he commented on Teslas stock price.

TSLA stock has lost about one-third of its value since hitting an all-time high of 1222share at the start of November. Irascible outspoken Tesla chief Elon Musk went on another Twitter rant Friday including saying the companys stock was overvalued which sent the electric carmakers shares tumbling. The impact of Elons remarks on Tesla just proves that financial markets are based on perception and sentiment not fundamentals.

Who knows if there was a reason behind it or just blindly wr. Musk thinks that Tesla stock is overvalued. Burry noted that Tesla CEO Elon Musk said the automakers stock price was too high last year.

Over the last five years Musk has traded places with bearish Wall Street analysts dumping water on Teslas stock price at least in the short term. Elon Musks 44 billion Twitter acquisition continues to hang in the balance after the Starlink and Tesla CEO put the deal on hold pending confirmation of the number of bots on the platform. In this scenario Tesla sells 7 million cars 27 of the global passenger EV market in 2030 at an ASP of 47K.

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