Tesla : good company but too expensive
Tesla price have soared since I dare to check. People would argue between Tesla is a good company or it is just a hype stock that is in a bubble.
I personally think it is a good company based on its cash flow financial health, its growth and profit. DCF valuation from more than 30+ analyst suggest it is extremely expensive/overvalued.
Currently the fair value (aveaged) is around $878-$879 give or take.
It's insane that only this May,
TSLA was roughly 35% undervalued when the market was selling it's stock for $586
I want to ownTSLA stock but I want to see the price break below the price structure at $977 and fills the gap and move as near as possible at $878.. lower the better.
I personally think it is a good company based on its cash flow financial health, its growth and profit. DCF valuation from more than 30+ analyst suggest it is extremely expensive/overvalued.
Currently the fair value (aveaged) is around $878-$879 give or take.
It's insane that only this May,
TSLA was roughly 35% undervalued when the market was selling it's stock for $586I want to own
TSLA stock but I want to see the price break below the price structure at $977 and fills the gap and move as near as possible at $878.. lower the better.
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