Tesla to reach a share price of US $3,369?

Cathie Wood of Ark Invest has long been an advocate for a Tesla $3000+ price target and now fund manager Holon Global Investments has just released a 144-page report on the future of Tesla and describes Tesla shares as having “remarkable upside and provide investors with a once-in-a-generation buying opportunity” at their current level. Using a 30-year discounted cash flow model for Tesla, Holon arrives at a fair valuation today of a whopping US$3,369 per share.

Price has been going up nice and steadily and the demand seems strong with PLENTY of new models in the wings. Who knows. $3,000 price target might be a thing...

Note

Motley Article: fool.com.au/2021/10/13/this-aussie-fund-manager-values-telsa-nasdaqtsla-share-price-at-over-us3000/

Holon Global Article / Research: holon.investments/tesla-on-the-road-to-a-us-10-trillion-company-and-beyond/

Note

Timing was good on this one. Nice big 50% move to the upside and THEN Elon decided to announce he would sell off 10% of his shareholdings...

Could be a good entry opportunity for anyone who felt like they missed the last run and like the company.

zAngus

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zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus