Tesla
Short

TSLA Tesla to $3000 or $300???

1 664
ARK Invest founder and Tesla bull Cathie Wood expects Tesla to hit $3,000 a share in 2025. That means Wood expects to earn about 50% a year on average between now and 2025. (barrons.com)

Initially i thought that she was saying $300, which was also close to my Fibonacci retracement level of 0.618, but $3000?
Will Tesla save the world from cancer till 2025?

For those of you who buy Tesla stocks because it`s cool, let`s look at the numbers compared with a company that really sell cars, Toyota:

TESLA
Market Cap 604.967B
PE Ratio (TTM) 984.80
Forward Dividend & Yield N/A
Earnings 2020 721M

TOYOTA
Market Cap 212.475B
PE Ratio (TTM) 15.09
Forward Dividend & Yield 4.24 (2.80%)
Earnings 2020 2.08T

Not to mention other car producers that will take Tesla`s EV market share soon:
TSLA Tesla will face true competition in 2021


So if you have to choose between a Tesla and the new electric Hummer, or Mustang, or Escalade, what would be it?

Meanwhile, if you haven`t sold TSLA here:
TSLA Tesla why the stock is down


Then you could be too much exposed in TSLA shares to give up shilling it.

If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.



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