I'm sitting here wondering how I can obtain a small loan of a million dollars to buy more TSLA. Even given my views of corruption and manipulation, I am surprised to see TSLA this cheap. Perhaps my model is way off in valuation... or this is an amazing sale on cheap shares.
Does anyone have a model that puts TSLA fairly priced at this level at this time?
Funny you should ask that.
This was my forecast dated 21-08-21 when I predicted under $1000 at this point, approx $900 say. I'd have to dig a little to be more precise but really it doesn't matter.
My current working numbers, which are not yet fully updated to the level I would call a forecast, are for a fair value of approx say $1100 because this takes into account a few more quarters of reported results of good performance. Really there's not that much difference to look at, and it certainly isn't a revised forecast at this point.
If the acual market price is within 10-20% of a calculated fair value price during the corresponding period, then for a stock like Tesla that shows (me) that the market is being reasonably rational. At least within the normal market ranges for irrationality and/or macro confabulations.
These price forecasts are blended outcomes of considering PE, PR, and PEG. I am (as you can see if you look at the key) expanding the blending to include PEG(trailing) and PEG(forward).
So, yes, I have a model that put TSLA at fairly valued at these levels, and I published it a couple of times in the last half year.
(FWIW : I don't trade very often, but I did some buying a few weeks ago at the $850 level.)
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