Guys what is your price target for Tesla by end of year 2021? I am a Tesla investor. Started investing in Tesla since April. My return is 150%
$5000
$1200
$2K-$3K
Right, so TSLA stock is now unhinged from fundamentals. At this point a target is pretty meaningless. It is in a bubble, and that bubble will feed on itself for a while, and then either 1) deflate for a few years while reality catches up to the stock price, and then begin a more gradual rate of measured growth while fundamentals remain strong or 2) pop dramatically. Amazon has been able to pull off a long game that looks like number 1, but it is nearly singular in history for that. I also don't think it was ever as unhinged from fundamentals as Tesla currently is, and the Amazon truly has been able to expand it's TAM to trillions and trillions of dollars. I think Tesla has growth options, but those growth options are not quite as large, rapid or cash flow positive as Amazon's ever were either.
fundamentals dont matter anymore.
Right, they don't matter right now. That's the definition of a bubble. And bubbles last until they burst. Source: I am old enough to have just graduated from college in time to see the tail end of the dot com boom, and the bust that followed. Everybody said "fundamentals don't matter" then too, which was true, until it was not.
Elon should SPAC spacex, easily worth $10 Trillion even before they are start mining asteroids in the year 2300 Elon will make you rich just look at all the profits Tesla is producing. For every $50k car it sells it produces a big $2000 of profit and that doesnβt include the $1.6 MILLION!! In valuation per car sold! What an amazing business model πππ
Why have price targets ? Stonks only go up. Keep buying everything every day!
When elon announces on twitter that he has stopped aging and will live forever, Tesla will hit 10000
π€ π€ id say about tree fiddy TRillions ππ― seriously tho, i think tsla will 2x in 2021
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