Tesla Stock A Buy Even As Core EV Unit 'Significantly Overvalued'

Dec 2, 2024 · Tesla Stock A Buy—Despite ‘Significantly Overvalued’ Core EV Business, Analyst Says ... significantly overvalued” if Tesla is viewed “as an auto company,” wrote the Stifel analysts, a ...

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Tesla's Stock Faces Significant Overvaluation Amidst Core Business ...

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Nov 7, 2024 · Tesla, Inc. investors cheered on as the company's recent Q3 earnings release led to a surge in the stock by over 20% on October 24, recovering most of the losses realized …

yahoo.com

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Tesla’s Earnings Confirm That It Is One Of The Most Overvalued …

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Jul 20, 2023 · In other words, even if I assume that Tesla’s automotive revenue makes up just 60% of its total revenue in 2032, it still must take at least 40% of the expected 2032 global EV …

forbes.com

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Is Tesla Stock A Buy Or Sell After Massive... | Morningstar

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Dec 20, 2024 · With its 2-star rating, we believe Tesla’s stock is overvalued compared with our long-term fair value estimate of $210 per share. We use a weighted average cost of capital of …

morningstar.co.uk

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Elon Musk's Tesla Is Worth $26 A Share, Analyst Says ... - Markets …

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Jul 21, 2023 · David Trainer, CEO of investment research firm New Constructs, argues that Tesla’s stock is significantly overvalued, estimating its worth at just $26 per share, which is …

businessinsider.com

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How Overvalued Is Tesla’s Stock, Really? - Forbes

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Apr 22, 2024 · Analyst reports indicate that Tesla's stock is overvalued by at least 35% relative to fundamental value. A behavioral analysis suggests the number is closer to 75%.

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1 Chart That Shows Why Tesla Is Still Overvalued

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Oct 30, 2024 · After a forgettable 2023, Tesla (TSLA-1.24%) finally scored some redemption in its third-quarter earnings report last week. The stock soared 22% in a single day on Thursday, its …

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After Tesla Stock’s Massive Post-Election Surge, Is It A Buy Or Sell?

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Dec 19, 2024 · With its 2-star rating, we believe Tesla’s stock is overvalued compared with our long-term fair value estimate of $210 per share. We use a weighted average cost of capital of …

morningstar.com

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Is Tesla Stock A Buy Now? - The Motley Fool

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4 days ago · Paying up for an uncertain outcome. Tesla generated 91% of its revenue in Q4 from the sale of EVs and related services. Consequently, it's probably the right move to still view it …

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Tesla's Stock Faces Significant Overvaluation Amidst Core Busine

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Nov 7, 2024 · The automotive business remains Tesla's core, accounting for approximately 80% of its total revenue in Q3 FY24. Although the company's energy segment has grown to …

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Is Tesla Stock A Buy Or A Sell Amid Donald Trump's White House …

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13 hours ago · On Nov. 6, Tesla stock gapped up above an alternate handle buy point of 273.54 but was quickly extended. Tesla stock popped 3.2% to 369.49 on Dec. 5, clearing a recent …

investors.com

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With A $1.4T Market Cap, Exactly How Overvalued Is Elon Musk’s …

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Dec 18, 2024 · Musk’s wealth is largely split between Tesla and SpaceX. He owns about 13 percent of Tesla, as per a 2024 proxy statement, a stake now valued at $195 billion, and …

observer.com

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Tesla Stock Is Meaningfully Overvalued. Here’s Why - Forbes

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Dec 14, 2021 · That said, we value Tesla stock at just about $560 per share, a discount of almost 30% versus the current market price, due to mounting competition in the EV space from …

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FAQs about Tesla Stock A Buy Even As Core EV Unit 'Significantly Overvalued' Coupon?

Are Tesla shares overvalued?

Shares of Tesla rallied 3.5% to $357 on Monday, closing at their highest level since April 2022. Shares are “clearly significantly overvalued” if Tesla is viewed “as an auto company,” wrote the Stifel analysts, a seemingly strange observation for an analyst to make in a highly bullish note on a car company. ...

What is Tesla's share in the EV market?

However, as it stands, Tesla holds a meager share of the global auto industry, and its share of the EV market ranks behind incumbents across Europe and China. In Europe, based on sales from May 2023, Tesla holds a 12% share of the EV market, much lower than VW Group (20%) and Stellantis (14%). ...

Why did Tesla raise its fair value estimate?

We raised our fair value estimate to $210 per share from $200 following the strong earnings, due to our improved near-term outlook for Tesla’s automotive business and higher forecast for its energy generation and storage business. Tesla shares rallied following earnings as market sentiment shifted to become more positive. ...

How much EV share does Tesla hold?

As noted above, Tesla currently holds ~12% and 9% market share in Europe and China, respectively. Even Tesla’s estimated 59% EV share (and falling) in the U.S. would not be enough to justify its stock price at the low end of ASPs in the scenario illustrated above. ...

Is Tesla a viable EV business?

In other words, Tesla will have to continue achieving growth in its core business until it's clear that EVs can be a viable business, and that seems difficult with the market plateauing and a general malaise in the industry. ...

How has Tesla impacted the EV market?

Tesla has used pricing adjustments to improve its competitiveness in the market, but intense EV market competition has largely constrained its revenue growth. High-interest rates have also impacted customer's affordability, although these pressures may have peaked. ...