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Added to YB: 2024-02-09

Pitch date: 2024-02-09

TSLA [bearish]

Tesla, Inc.

-138.9%

current return

Author Info

Company Info

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.

Market Cap

$1.5T

Pitch Price

$192.11

Price Target

20.00 (-96%)

Dividend

N/A

EV/EBITDA

116.47

P/E

308.39

EV/Sales

15.26

Sector

Automobiles

Category

value

Show full summary:
How Low Could Tesla Go? The Case For $20

$TSLA bear sees fair value at $20 based on weak fundamentals: - Old models need discounts to sell - Lower prices & growth in '24 - Street estimates too high; EPS -39% YoY - 68x P/E could cap stock at $210 - Should trade like an auto stock at 3-7x given low margins, ROE & growth vs peers

Read full article (6 min)