Tesla shares, which had gained as much as 16% Monday before losing steam, have seen an incredible rally this year that has left Wall Street analysts struggling to make sense of the sky-high valuation — which soared past that of Toyota Motor Corp. earlier this month. Tesla is up about four-fold just this year, despite a steep pandemic-related sell-off in February and March.
At the current price, Tesla’s stock reflects an expectation of 2030 volume of 5 million units, which is more than ten times what the company appears on track to achieve this year, Morgan Stanley analyst Adam Jonas said. “We’re not saying these are assumptions that are not possible, but they are a very big leap ahead from what the company has proven to date,” the analyst wrote in a report. Jonas has a sell-equivalent rating on Tesla, with a price target of $740.
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
منبع: dailymaverick - 🏆 3. / 84 ادامه مطلب »
منبع: dailymaverick - 🏆 3. / 84 ادامه مطلب »