Tesla's car business is only worth $30 a share, analyst warns
Market Intelligence Analysis
AI-PoweredAnalyst Jed Dorsheimer from William Blair suggests that Tesla's core electric vehicle business is significantly overvalued, estimating it to be worth only $30 per share, despite the stock reaching record highs due to excitement around robotaxi developments. This stark contrast raises concerns about the sustainability of Tesla's current stock price.
Market impact analysis based on bearish sentiment with 77% confidence.
Article Context
While Tesla stock hits records on robotaxi hype, Jed Dorsheimer of William Blair says the core EV market is only worth a fraction of the current $480 per share price tag.
Analysis and insights provided by AnalystMarkets AI.