Aswath Damodaran says Tesla stock is worth $67

Good read.

The car catching on fire after hitting road debris will actually lower that valuation

One of my favorites was a WSJ article (they should have known better) talking about a European deal worth an estimated 10,654,312 dollars or something like that.

Of course, the real estimate had been 10 million Euros and the writer had used the Euro-dollar exchange rate, which is far more precise than the estimate.

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A prediction of "oh, somewhere between 60 and 80 bucks on average" would be more honest.

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Ive actually heard him joke about how he breaks valuations out to the penny pretty much as a troll.

The fact that it is an estimate is implied.

I took his valuation course via iTunes U and he is super interesting.

LINK

Google Should Buy Tesla

very interesting article with a lot of compelling reasons. I'll be keeping my eye on this.

Or was it because a 3rd car has now caught fire?

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Having recently gone through two “fire incidents” after an accident in the past 5 weeks, a third fire Model S has caught fire under potentially a similar condition.

And while the first two fires happened after the Tesla plug-in sedan had taken some serious damage, this Model S looks to have suffered less damage before the occurrence

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A Tennessee Highway Patrol spokeswoman stated that “The driver, struck a tow hitch that was in the middle of a lane, which damaged the car’s undercarriage and caused the fire.”

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crappy car