English
Back
Download
Log in to access Online Inquiry
Back to the Top
Tesla snaps win streak: Buy or bail?
Views 1.5M Contents 471

Tesla on the Road: To-the-moon, or overvalued?

avatar
Moomoo AU joined discussion · Jul 10, 2024 17:54
G' day, Aussie mooers! Hope you're doing well!
Tesla's stock volatility continues, with shares rebounding 27% last week on Q2 delivery beats, reversing yearly losses. Catch up on the latest information and insights from our mooers below.
Headline
Tesla broke through the 200-day moving average for the first time in six months, which is another positive factor for the stock's trend.
Tesla on the Road: To-the-moon, or overvalued?
......while Tesla’s stock has dropped about 35% from its all-time high, its valuation remains high, trading at approximately 67x P/E(TTM). Though Tesla has innovation and leadership advantages in multiple areas, its current high valuation and uncertain future profitability cast doubt on its sustainability.
Tesla on the Road: To-the-moon, or overvalued?
Mooers Insight
......Tesla has a history of missing expectations. But as mentioned above, I believe this time, Tesla’s results could be a surprise and delight as the market does not appreciate how important it is to be added to the Chinese government approved vehicle order list......
Someone posted that Cathie Wood, CEO of Ark Invest sold Tesla shares recently is to "pump and dump the stock" and "misguide the investors" is not true.
Tesla is just like apple in the phone industry, if apple can hit 3.5T market cap, why not Tesla? There are still many other items yet to be launched such as Robotaxi, budget models, and other recurring revenue such as maintenance charges, power supplies and so on. Just keep holding it, it will easily hit at least 2x 3x or more in the next few years.
Mooers' P/L
There're so many mooers got a fruitful gain from the investment of $Tesla (TSLA.US)$, sharing their excellent P/L in moomoo community. Are you the one of them? Welcome to share your P/L of Tesla in the comments or topics!
Tesla on the Road: To-the-moon, or overvalued?
Tesla on the Road: To-the-moon, or overvalued?
Tesla on the Road: To-the-moon, or overvalued?
🎙️Hot Topics
Tesla on the Road: To-the-moon, or overvalued?
🎁 Share & Get
Do you have any gain or loss on Tesla?
Show us your P/L or thoughts on the comments
We will select up to 10 TOP COMMENTS for 200 points next week, with which you can exchange gifts at Reward Club.
Tesla on the Road: To-the-moon, or overvalued?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
3
7
1
1
+0
8
Translate
Report
12K Views
Comment
Sign in to post a comment