facebookI think Tesla is way overvalued, its book value is $15, when the bubble burst is going to take the whole market down! What are your thoughts on Tesla now? - Seedly

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Anonymous

29 Dec 2020

Stocks

I think Tesla is way overvalued, its book value is $15, when the bubble burst is going to take the whole market down! What are your thoughts on Tesla now?

The p/e of Tesla is 1190

Discussion (3)

What are your thoughts?

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I agree that TSLA is extremely overvalued however I just want to point out that P/E and book value has very little value in valuation. Warren buffett has spoken about these 2 metrics specifically before, maybe check that out.

For example, P/E talks about the value of the current company now if it were to be liquidated for cigar butt investing style back in the days where Benjamin Graham was famous for this. However, this does not account for the value of future growth as no part of P/E accounts for future growth. I suggest learning a discounted cash flow method.

Nevertheless, I agree with you that TSLA is overvalued but just wanted to share that.

As the rest have mentioned, a single stock will not cause a market crash. It would be the first in history and markets do not work that way.

Alex Chua

29 Dec 2020

Seedly student Ambassador 2020/21 at Seedly

If u have yet to buy tesla, ask why tesla is such a steal? Honestly, I did not see such a high valuation stock with more than 1k PE.

I certainly can't agree more that it is overvalued now. But no one know when will it drop. Maybe tesla earning will be dam good that the PE ratio will be halved. If u can stomach the fall. Go ahead. If not look elsewhere, there is always opportunity. Come back when it reaches your target price

You can look at chicken genius opinions on tesla. I feel that his opinion is genuine

When you look at the TSLA financial statment the number wont tally.

But must look at the buisness ...

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