Tesla Stock Could Be Worth Just $80. The Stock Is Rising.
Market Intelligence Analysis
AI-PoweredA former Fidelity portfolio manager estimates Tesla's stock value at $80, contradicting the current market price of $456.15, yet the stock is still rising by 4.1% in midday trading.
Market impact analysis based on bearish sentiment with 70% confidence.
Article Context
On Saturday, former Fidelity portfolio manager Greg Noble posted a sum-of-the-parts, or SOTP, valuation for Tesla on X, which suggested the electric-vehicle maker was worth $80 a share. Tesla was up 4.1% in midday trading at $456.15, while the S&P 500 and Dow Jones Industrial Average were up 0.8% and 1.4%, respectively. Coming into Monday trading, Tesla’s stock had declined for seven consecutive trading days.
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