2024-05-28 12:46:30 ET
Summary
- Both the Electric Vehicle industry and Tesla, Inc. have lost sales momentum.
- Tesla is situated well within the auto industry, but the company must successfully restructure.
- Tesla will pivot to high-volume, affordable cars and push its “Full Self Driving” subscription service.
- A great method of comparing peer valuations is using Enterprise Value.
- I created a DCF model as a “check” on Tesla stock valuation.
Thesis
Magnificent 7 shares have run up sharply despite high interest rates. Concurrently, Tesla, Inc. (TSLA) stock is suffering from a cacophony of bad publicity, an overvalued share price, and weakening industry fundamentals. I will explain how Tesla remains well positioned within the automobile industry despite its shortcomings....
Read the full article on Seeking Alpha
For further details see:
Tesla's iPhone Moment