💎 TESLA vs BTC - Projection price falling!
Thumb UP👍 if you like this chart!
I took the
BTCUSD candle drop pattern in 2018 and applied it to 
TSLA shares. It turned out that exactly the same drop will lead the company's price to its fair valuation in the range of $240-$210. Why this assessment???
The forward P/E is still more than 90!!! Thats incredible in motor vehicles field! And this is all assuming perfect execution, production capacity that does not exist yet, and that income from regulatory credits will stay the same. With this P/E investors should not expect a good return. Under these idealized assumptions rational investors could expect a decent return at a P/E of 12, so at a share price of $217 or less.
Write in comment how do you think what the fair price for TESLA Motors?
______________________________________________________________________________________________
Subscribe to my channel and receive fruitful recommendation regularly!
😎 Here just clear and accurate ideas🎯! Max profit idea in crypto - 20%(BTC), Max profit in stock - 40%. Total profit more 300%. Trade my own funds. Consult privately🎩. Link to table with summary results: clck.ru/LzY9a
I took the
BTCUSD candle drop pattern in 2018 and applied it to TSLA shares. It turned out that exactly the same drop will lead the company's price to its fair valuation in the range of $240-$210. Why this assessment???The forward P/E is still more than 90!!! Thats incredible in motor vehicles field! And this is all assuming perfect execution, production capacity that does not exist yet, and that income from regulatory credits will stay the same. With this P/E investors should not expect a good return. Under these idealized assumptions rational investors could expect a decent return at a P/E of 12, so at a share price of $217 or less.
Write in comment how do you think what the fair price for TESLA Motors?
______________________________________________________________________________________________
Subscribe to my channel and receive fruitful recommendation regularly!
😎 Here just clear and accurate ideas🎯! Max profit idea in crypto - 20%(BTC), Max profit in stock - 40%. Total profit more 300%. Trade my own funds. Consult privately🎩. Link to table with summary results: clck.ru/LzY9a
🔹Академия инвестиций FINOMEN Премия «Образовательный проект года» по финансовой грамотности в 2021 по версии Investment Leaders Award) - finomen.academy
🔹Подписывайтесь в Instagram (50к подписчиков) - instagram.com/ask_kutsenko
🔹Подписывайтесь в Instagram (50к подписчиков) - instagram.com/ask_kutsenko
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.