I agree Evās make up a small amount of the cars on the road right now so they have so much room to grow
Nikola vehicles also donāt move without an incline on the road yet.
@soloinv Iām not even considering Nikola for cars I think they will only enter the truck market, I thought maybe @laguiar was saying āNicola Teslaā to play with the names obviously
Where did you leave the clown face?
I thought that was a āmust haveā on your Nikola posts 
.
Itās much more fun without it 
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Be intressting to see where Teslaā heading.
Personally i think a 550-570 range for the end of this year would be solid
I think its going to hold until the inclusion maybe drop back to 450-470 just prior and then should break free of the 500 barrier for good
Their trucks might do well but they still need the infrastructure
I do like some quality Tesla discussions just before gym, gets me going.
So how do you reach this price targets?
What metrics do you use?
Distance to the moon!
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Makes sense, next target Mars? 
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Mainly reading the previous charts and the price targets set by professionals, although I think the higher target of 615 theyāve set for the inclusion might not be realised until after q1 2021.
What metrics did you use for Tesla to have reached ATH this month? Can you show us how it worked?
Are you showing off about the gym being open where you are? 
After TSLA share dilution, it dropped back down to the 600 mark from being 648. At one point down to itās 570s but bounced right back up. This stock going to the moon.
Itās not just a car company! Autonomy, AI, Tech, Taxiā¦Watch this space is all Iām saying
Where is the purchase from March bottom?
Reasonable analysis of Tesla stock. Worthwhile watching.
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I completely agree that it is overvalued. But then question then becomes when do I purchase Tesla and at what price level? Waiting has not really worked out so far this year, although I suppose that could still change pretty rapidly. And Iām not saying that I donāt try and time things here and there, but Iāve never exited my Tesla positions completely. I accept it is a high risk stock and overvalued but I still believe it will be worth more than $1T in the near future.
Edit: Nahh I meant:
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Do you mean $1T? Hard to even type it lol
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Well the real question is, what is the sustainable long term yearly growth rate. This will basically determine at what kind of valuation will TSLA be fairly valued.
Top tech companies who are 100B+ valuation drift around 30% - Not even MSFT/AAPL had consistently push 30% growth. Thus why their PE were historically between 15 and 23. AAPL was even more around 15s.
AMZN is rare who has +30% growth rate at its size, thus historical PE is 80-100.
Usually fair value(PE) is around % of yearly growth rate. Aka 30% = 30 PE ā¦
So TSLA has to first show us what its real future sustainability can be. Then one can judge the fair value. But I doubt current 280 PE , even half of current PE can be justified.
If we use EBITDA or OFC, fair value is around 90$. If it continues to grow at paces analysts expect it to grow.
Obviously if it will grow at higher pace it will demand higher multiple, but anyway current price offers risk of 80% downside if return to fundamentals occur. Plus it doesnāt grow higher then expected.
Just watched it. Of course is very reasonable. If you donāt agree Tesla is overvalued in relation to current fundamentals then you really donāt know what youāre talking about. This guy did a good analysis.
His pitfalls which I disagree with is:
- Tesla isnāt just a car company. He kept saying it was, but thereās a lot more to it including energy and insurance which makes it more valuable than an automaker
- In his forward projections he only went to 2023. With an exponential growth stock this is too short sighted, as the following years will be much greater. I think the stock will continue to grow as the future becomes clearer.
Luckily Iām about to record a video for you, about my perspectives on Teslaās future. Though, I like to keep my videos short so itās just a rough overview, and Iāll do in depth into the specific aspects of Teslaās business in the future.
But it all sums up to your perspective. Where do you see Tesla in 10 years. If your outlook isnāt very positive then itās hard to justify. I donāt think anyoneās dumb who doesnāt buy Tesla. I completely understand why you might think itās a terrible buy. Nobody truly knows if it is or not, thatās why itās speculative. But from my perspective the company will grow to meet the valuation in the future, itās just been priced in early. So it will likely drop at some stage within the next few years to a more reasonable price. But Iām not risking missing out on anything
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I really donāt speculate on what Tesla business will be in future, also I agree that Chuck should have not mention carmaker. But reality of cash it is carcompany as it stands by fundamentals, we would not be talking here if there was no car Tesla but just solar panel or battery.
So with that said, I stick to fundamentals, whatever business tesla will be in bottom and top line is cash flows and growth rate.
So if you abandon the nice story of tesla and renewables etc. Stick to basics.
It is just fair simple equation, how much is sustainable for tesla to grow at X % pace, for how long. Will it grow 10-20-30-40%?
Non od this growth rates provide confirmation of current value.
What @nickspacemonkey said in past, he invests in tesla because he believes it will give most return for money. This is the crux of the discussion. How much and at which valuation will your money grow going forward.
Why look 10 years in future and base investment of very uncertain/highly speculative nature, vs checking 2-3 years ahead, and invest your current money into certain money growth opportunities. Surely Tesla will at one point come to buy territory, no doubt about it. At which time it will be great opportunity to buy. That price might be higher then today, but you wonāt pay huge premium for high uncertaintyā¦
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