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Dan's avatar

Makes sense why it dropped almost 60% from the peak. Didn’t realize the next 3 years’ estimates were so dire! If you had to assign a multiple based on forward earnings, how would you value TSLA here?

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MarketLab's avatar

Ya I honestly have no idea. Think you’d need to have a proper view of the story 5+ years from now and I’m don’t really have one.

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Dan's avatar

I’m thinking it could get cut in half again from here before we get a durable bottom. I don’t think the bad news flow has ended and the current valuation doesn’t suggest much of it is priced in yet. Thanks for the 1-pager!

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