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TESLA stock price and valuation- Someone help me out.

Posted on 8/20/20 at 12:48 pm
Posted by Covingtontiger77
Member since Dec 2015
10190 posts
Posted on 8/20/20 at 12:48 pm
As of typing this stock is at $1,990 per share.

The shorts are getting crushed.


Tesla is currently valued over 12x that if Toyota and Tesla has 1% of the market share that Toyota has.



I want to jump in after the split but lord can this thing really keep going from a split price of $400 back up to $800-1,000 a share?

I expect a nice bump after the split and leading up to battery day on 9/24, but after that who the hell knows.

Any opinions or insight?

The valuation is what frightens the hell out of me.
Posted by MikeD
Baton Rouge
Member since Jan 2004
7211 posts
Posted on 8/20/20 at 12:51 pm to
There is no logic to this stock

/thread
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11077 posts
Posted on 8/20/20 at 12:53 pm to
quote:

The valuation is what frightens the hell out of me.



Tesla is not a discounting mechanism for it's business. Think about the shares outstanding and who is holding shares. Extemely low free float and inelastic demand for shares, which means price is not a factor when the shares exchange hands.

Edit: Robintrack.net

This is the visulaization of what I just said
This post was edited on 8/20/20 at 12:56 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 8/20/20 at 12:53 pm to
Posted by Donnie 9 inch
Mar A Lago
Member since Jul 2018
477 posts
Posted on 8/20/20 at 12:54 pm to
It’s purely speculation and gambling on the future with TESLA. The share price is one of the craziest things I have ever seen. The constant hype just keeps fueling it higher and higher without any sensible financial data to justify the rise. I hope we see Elon’s dream come to life, but I’m not willing to gamble that much on it. Fossil fuels and that lobby are old and powerful and will not go quietly without a fight.
Posted by castorinho
13623 posts
Member since Nov 2010
82010 posts
Posted on 8/20/20 at 12:55 pm to
quote:

I want to jump in after the split
should have jumped in when they announced it
Posted by JDPndahizzy
JDP
Member since Nov 2013
6420 posts
Posted on 8/20/20 at 12:55 pm to
Posted by NolaLovingClemsonFan
Member since Jan 2020
1710 posts
Posted on 8/20/20 at 2:54 pm to
Keep buying, buying, and buying. I’m gonna put this dude into my will he’s gonna make me so much money.

Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
59443 posts
Posted on 8/20/20 at 3:02 pm to
quote:

The share price is one of the craziest things I have ever seen.

Early Amazon seemed a little crazy.
Posted by BamaAlum02
Huntsville, AL
Member since Nov 2005
1009 posts
Posted on 8/20/20 at 4:08 pm to
You're comparing it to auto manufacturers but Tesla is a tech company. More specifically an energy tech company. The cars are just a mechanism for them to sell their batteries.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11077 posts
Posted on 8/20/20 at 4:11 pm to
Sure Jan
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 8/20/20 at 4:36 pm to
It's entirely speculation on how they'll dominate the EV market in 5-10 years.

EV market will continue to grow as country mandated deadlines come into effect in the next 10 years, but it's a long road to get there. TSLA will have a sizeable share because they're so far ahead in battery power.

I like the company, but their cars will be more attractive when the solar roof innovations become standard and cheaper to produce to reach their whole product line.

The actual stock is trepid because the market is extremely bullish on it. I always think it reaches a top, but it continues to rise. To this, I think I'm looking too short-term.

Honestly, I equate the stock to ZM, but ZM's barriers to entry are a lot easier to break.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 8/20/20 at 4:41 pm to
quote:

The cars are just a mechanism for them to sell their batteries.


Let me know when Tesla licenses their battery tech to other car manufacturers. That would be a true catalyst to propel it to Pluto.
Posted by Dr.Funke
Not a real Doctor
Member since Dec 2011
642 posts
Posted on 8/20/20 at 5:00 pm to
LINK

Does rallytiger still post around here? Wondering if he sold at some point.

I got downvoted pretty hard for saying it was a good buy at 300...
Posted by Cdawg
TigerFred's Living Room
Member since Sep 2003
59443 posts
Posted on 8/20/20 at 5:32 pm to
Go bump dabigfella's thread.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
33860 posts
Posted on 8/20/20 at 11:11 pm to
Don't forget that Spacelink and Space X are lumped in with them. These are not trivial things theu sre doing. Smart people know they are pushing the envelope. Other people are fighting the change and justify it with criticism of Elon's unorthodox ways.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 8/20/20 at 11:52 pm to
I kept saying I would think about it starting at like 1500 and try to get in right after the split. Then I watched it climb and climb and I pulled the trigger at 1850. Absolute best time to buy was right when they announced it for sure. But I do think it will jump right after too.
Posted by Double Oh
Louisiana
Member since Sep 2008
17750 posts
Posted on 8/21/20 at 8:00 am to
stock was $211 a year ago at this time and its now at $2021

Crazyyyyyyyyyyyyyyyy
Posted by TigerDeBaiter
Member since Dec 2010
10257 posts
Posted on 8/21/20 at 8:52 am to
As of today, Tesla is more valuable than Walmart.

Posted by notsince98
KC, MO
Member since Oct 2012
17954 posts
Posted on 8/21/20 at 9:31 am to
quote:

The constant hype just keeps fueling it higher and higher without any sensible financial data to justify the rise.


I have dealt with Tesla on their utility scale battery operations. You mention no financial justification but there is no engineering/tech justification for it either. It is one of the greatest smoke shows in history.
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