Replies to post #11794 on Tesla Inc (TSLA)

[Porgie Tirebiter]

No one is banging on the technology. But TSLA shares are priced like the company is netting north of $800,000 for each car it builds. It just ain't realistic.

[Prudent Capitalist]

Everyone I know likes their Tesla too. But the factual reality of the situation is that TSLA shares are clearly overvalued based on the underpinnings and fundamentals right. And, Mr. Musk and the company cannot even deliver Model 3's right now, not to mention the established issues and problems with the batteries. And, rather than addressing current issues, Mr. Musk keeps rolling out announcements about future Semis, Crossovers and pickups, etc. The current share price here for TSLA is, IMO, driven by hype, the FOMO factor, and blind greed, etc.

And, there have been a number of articles in the last 6 months from respected analysts and valuation experts which make a very strong case for TSLA shares being very overvalued, with a more realistic value being in the $180 - $220 range, at most.