Bernstein analyst Toni Sacconaghi notes that investors have long debatedTeslaWhether it is a car company or a technology company. He noted that Tesla delivered a car at more than 50 times the valuation of a traditional car company, and said, "There's no doubt that Tesla hasn't been valued as if it were a car company." Analysts believe that one reason for Tesla's high valuation is its unique growth profile, which stands out even among tech companies. However, he believes that despite this, given Tesla's profit margin situation, Tesla still looks very expensive relative to high-growth technology companies. The analyst updated the 2050 DCF model and updated the Tesla price target to $300.
Editor in charge: Liu Xuanyi
Massive information and accurate interpretation, all inSINAFinance APP
Comments