I just went to the eToro broker to look at the portfolio development after yesterday and right off the bat about 3 posts and targets on Tesla $TSLA from investors ($400,$500 and $500) jumped out at me. I'm curious, how do you determine your target or exit price? And if you hold Tesla, do you think $500 per share is realistic? Seems a bit off to me.
Osobní pohled člena komunity, ne investiční doporučení. Pravidla komunity
CB
Well if the market holds up at least to the side🤞 so should give 300 by the end of the year. 500 is also not out of the question, don't forget that the production of the model 2 hasn't been introduced yet (it will be a higher level again in speed and ease of production) simply Tesla is not losing the lead and the valuation corresponds to that. 👍
RB
I'm more concerned that with so many car companies and the standards going up, who will these cars be sold to in a few years when the market is saturated with new cars?
AA
$500 will probably do it sometime. I wouldn't worry about that, but it's already a ball of overpriced business. These estimates are high, but it's not on the order of Cathie Wood at $2,000.
RB
Cathie is in a different league, she sees potential in the thousands of dollars for just about everything. Not to mention the half-dead Zoom.
SJ
I don't think it's realistic in the near future, but in the long run it will probably surpass that $400 thanks to the supporters. As for the target price, the basis is analysis and the rest is assumptions that your scenario works out based on estimates or future sales/new product launches.
VC
So I don't have a Tesla, I think it's a disgustingly expensive stock, but that's why it's getting there