Andrea James on Tesla's finantial future

[macpacheco]

Bloomberg News: Can Tesla turn it around? - YouTube

As usual, Andrea see Tesla correctly, no hype but zero unfairness. Still has a very high price target for the stock.

 

[stealthology]

Do these analysts really believe/want the stock to hit their target in 12-18 months? I actually think this high price target is possible if the macro issues in the market subside relatively soon.

 

[lango]

Do these analysts really believe/want the stock to hit their target in 12-18 months? I actually think this high price target is possible if the macro issues in the market subside relatively soon.

The targets are not set in the sense that they believe this is what the market will pay for it. It is more a target from the calculations based on fundamentals. They usually lower and raise though based on macro and present market conditions to have the PT not being too far out.