Over the last 3 months there were endless discussion and a analysis suggesting that the tesla bubble was going to pop anytime now. It appears that tesla is going to be permanently viewed as a ~600B company at minimum going forward.
For those who are familiar with Gary Black. He provides nuanced projections for tesla and his price target is around ~$840.
1/ $8T Active Mgr buying (now)
2/ MIC Y launch (now)
3/ Street ups FY’21 Est/PTs (1/4)
4/ CyTrck update (1/15)
5/ FSD MRR launch (1/15)
6/ Biden inaugural/EV credit (1/20)
7/ 4Q EPS $1.06 v $0.93 (1/27)
8/ FY’21 Deliv 840K v 777K (1/27)
For bulls and bears, what are your thoughts on the stock.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.