sufiansaid

Tesla : good company but too expensive

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NASDAQ:TSLA   Tesla
Tesla price have soared since I dare to check. People would argue between Tesla is a good company or it is just a hype stock that is in a bubble.

I personally think it is a good company based on its cash flow financial health, its growth and profit. DCF valuation from more than 30+ analyst suggest it is extremely expensive/overvalued.

Currently the fair value (aveaged) is around $878-$879 give or take.

It's insane that only this May, $TSLA was roughly 35% undervalued when the market was selling it's stock for $586

I want to own $TSLA stock but I want to see the price break below the price structure at $977 and fills the gap and move as near as possible at $878.. lower the better.

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