How do we as investors properly value Tesla? $TSLA

Posted By on March 9, 2023

TSLA mini chart 230303It has been a quandary for years. Do you value Tesla like a car company or a fast-growing technology company? This past weekend Barron’s Magazine included an interesting article by Jack Hough after Tesla’s “investor day” and subsequent stock price drop. 

Tesla is trading “more like just another car maker,” wrote Bespoke Investment Group this past week. I don’t think it was a compliment. On Wednesday evening, the company held a new investor day at its equally new Texas Gigafactory. On Thursday, shares sagged 6%.

That’s not how these things are supposed to work. Investor days aren’t a must, like filing an annual report. Companies do it to generate enthusiasm for their strategies and products. Rapturous applause in the moment is good, but a pop in the stock price is better.


A $220/sh value calculation for $TSLA by Adam Jonas at Morgan Stanley:Barron's - Adam Jonas $TSLA calculation


Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
My Desultory Blog