Tesla Is Overvalued: Investors Are Treating It Too Much Like A Tech Company, Says Morgan Stanley

  • 📰 Forbes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Analysts from Morgan Stanley warned that the Tesla stock is grossly overvalued and set to plunge, with too many investors ignoring the risks of running a car company and instead treating Tesla like a high-growth tech company by skleb1234

in February, Tesla’s stock plunged amid the coronavirus sell-off in late March, falling below $400 per share.

In a note to clients on Tuesday, Morgan Stanley analyst Adam Jonas warned that while he understands the “attraction of the Tesla story” and its high-growth potential, it is still hard to see Tesla justifying its high stock price over the next decade. Morgan Stanley said that it forecasts Tesla to make 2 million cars annually for the next 10 years, but its current stock price implies a much higher production output: “At $1,000, we believe the stock is discounting roughly 4 million units” by 2030.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

skleb1234 Boy, this tweet didn't age well, did it? 🤣

skleb1234 No such event. Tesla stocks are primarily in the hands of hedge funds and institutional investors. They are not easily shaken by periodic and minor declines in stock prices.

skleb1234 Adam Jonas at Morgan Stanley has proven he has no idea what he is talking about on the subject of Tesla. His predictions are useless. Mr $10 a share 🙄...Here is a real Tesla prediction

skleb1234 The situation is this, I took money from my parents to my parents and now I do not know how to tell them that I lost all my money on trading, to be in their eyes a scoundrel, it is easier to commit suicide, return 01.07.. Who can help, the address of the BTC inside the account.

skleb1234 Absolutely fine. Elon too is overrated

skleb1234 LOL, oh you mean like JPM downgrading $NKLA yesterday and then it ripped ? 🙄. Who are these analysts ? Just a bunch of morons throwing darts. I should just start my own analyst service , it doesn't take any skill. Or $PENN with a PT of $12 ? Whata jokr.

skleb1234 See....MS should move Adam Jones to analyze something else. His track record on Tesla is bad. His logic on valuation is very bad. Yes, overvalued. Yes, it is a tech company. All great companies are overvalued in their early stage.

skleb1234 I think Tesla has potential if Elon Musk let’s me redesign some of it’s structural business components due to the pandemic. Change is good more of his vehicles will be on the road.

skleb1234 Buying company stocks back to keep them high? and betting on the 5G satellite network?

skleb1234 Morgan Stanley's opinions = grossly overvalued.

skleb1234 Autonomous driving is the goal. Electric cars NOW keeps the lights on until the Autonomous tech is fully ready..That sounds like TECH

skleb1234 Tesla is a company founded on 100% hype. I can't believe it took investors this long to see through the smoke and mirrors.

skleb1234 How’s the track record been for Morgan Stanley on $tsla stock to date? Please do some homework before writing this garbage.

skleb1234 Shorts gotta be right one of these times, huh?

skleb1234 Been hearing this since $255, sold at $700, corona, rebought at $500, now $1,000. $945 in profit PER SHARE in 9 months. That buys lot of risk tolerance, be likely to add to positions on plummet. Many agree. Like to see where that analyst was while that 945 pt gain was occurring?

skleb1234 This guy is a clown, he has been manipulating Tesla stock for years

skleb1234 Like I said, overvalued, but not worth 15 bucks like some people argue.

skleb1234 High paid consumer production sales goes down is unavoiable soon. Before your steps took, watch over. Straight up now no one expects balance at finance

skleb1234 It's been grossly overvalued for a long time.

skleb1234 Hot air can only fuel a balloon so high...

skleb1234 Tesla is a technology company that happens to sell cars. Cars are a fraction of the long term company mission statement. Similar to saying back in the early 2000’s Amazon only sells books.

skleb1234 Can’t wait to drive one!

skleb1234 Forget Morgan Stanley, Elon said it!

skleb1234 Travis County Texans had something to say about them at the council meeting today...

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morgan Stanley: Tesla to make twice as much money as Uber in 2025 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They’re gonna launch us to space with electricity— You mean it will lose half as much money, right? Uber make money, what’s that all about? Morgan Stanley said Uber would IPO at 120 billion dollars. Thieves.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tesla Is Overvalued: Investors Are Treating It Too Much Like A Tech Company, Says Morgan StanleyIt may be time to sell Tesla as shares edge towards record highs, says Morgan Stanley. It's a Cult of Personality stock. It's a tech company. Why would you treat it like a car company? Their technologies can go into any product, which requires electricity, batteries, processors and motors. 🤷‍♂️ Everytime there's a legit idea to 'sell the overvalued Tesla' it goes up another 10%. Just saying
Source: Forbes - 🏆 394. / 53 Read more »