A Do-it-yourself (DIY) Valuation of Tesla: Of Investment Regrets and Disagreements!
aswathdamodaran.substack.com
I was hoping to move on from Tesla to my data update posts, but my last post on Tesla drew some attention, in good and bad ways, partly because of its timing. Right after I sold my shares for $640, last week (January 30), the stock took off, climbing to more than $900/share in the matter of days. As always, there were people on both sides of the great Tesla divide commenting on my valuation, with bears accusing me of wearing rose-colored glasses and making unrealistically optimistic assumptions, and bulls pointing to inputs that they felt under estimated the company’s potential. I wish that I had been clearer in my writing that the numbers that I was using did not represent “the” valuation of Tesla but that this was “my” valuation of the company, and that I not only expect disagreement, but I think it is part and parcel of a healthy market. Rather than leave that view as an abstraction, I thought I would revisit the valuation and present it in a different format, one in which you can choose your story for Tesla and estimate the value for yourself.
A Do-it-yourself (DIY) Valuation of Tesla: Of Investment Regrets and Disagreements!
A Do-it-yourself (DIY) Valuation of Tesla: Of…
A Do-it-yourself (DIY) Valuation of Tesla: Of Investment Regrets and Disagreements!
I was hoping to move on from Tesla to my data update posts, but my last post on Tesla drew some attention, in good and bad ways, partly because of its timing. Right after I sold my shares for $640, last week (January 30), the stock took off, climbing to more than $900/share in the matter of days. As always, there were people on both sides of the great Tesla divide commenting on my valuation, with bears accusing me of wearing rose-colored glasses and making unrealistically optimistic assumptions, and bulls pointing to inputs that they felt under estimated the company’s potential. I wish that I had been clearer in my writing that the numbers that I was using did not represent “the” valuation of Tesla but that this was “my” valuation of the company, and that I not only expect disagreement, but I think it is part and parcel of a healthy market. Rather than leave that view as an abstraction, I thought I would revisit the valuation and present it in a different format, one in which you can choose your story for Tesla and estimate the value for yourself.