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Aswath Damodaran says Tesla stock is worth $67

Posted on 10/31/13 at 3:24 am
Posted by saintforlife1
Member since Jul 2012
1321 posts
Posted on 10/31/13 at 3:24 am
Aswath Damodaran is a Professor of Finance at the New York University. He's made some very accurate share valuations in the recent past-predicting Apple's peak and Facebook's low, to name a couple. And now, after doing his math on Tesla, Damodaran concluded that Tesla is worth $67.12.

LINK


Posted by Douglas Quaid
Mars
Member since Mar 2010
4098 posts
Posted on 10/31/13 at 12:13 pm to
Good read.
Posted by Jorts R Us
Member since Aug 2013
14877 posts
Posted on 10/31/13 at 2:18 pm to
I thought some of the comments in response were interesting. I'm certainly not one to debate the science here, but I agree that trying to value Tesla is a lot like trying to predict what a 3 year old is going to grow up to accomplish.
Posted by League Champs
Bayou Self
Member since Oct 2012
10340 posts
Posted on 10/31/13 at 6:52 pm to
The car catching on fire after hitting road debris will actually lower that valuation
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 10/31/13 at 8:01 pm to
quote:

Damodaran concluded that Tesla is worth $67.12.


at predictions to four digits.

A prediction of "oh, somewhere between 60 and 80 bucks on average" would be more honest.
Posted by Tigah in the ATL
Atlanta
Member since Feb 2005
27539 posts
Posted on 11/8/13 at 9:18 am to
quote:

Damodaran
that name's' a blast from the past. (MBA - "according to Damodaran...")
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