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Posted by
Two Blokes Apr 18 -
Filed in
Stock
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2 views
Multiple valuation models indicate that Tesla's stock is significantly overvalued, by a factor of 5 to 10. Even if Tesla successfully starts mass production of its cheaper model with a selling price of $25,000, it will still be substantially more expensive compared to BYD's cheapest models. Despite Elon Musk's potential to generate excitement, the massive fundamental risks make a disappointing earnings release likely, justifying a strong Sell rating.
