NASDAQ:TSLA

Tesla Inc (TSLA)

365.73
+7.65 (2.14%)
as of Sep 17, 2026, 3:22:24 pm Market Open.
1056 watching
0
BUY
True, it's expensive and doesn't return wealth to shareholders. (It reported tonight.) But, its strength lies in CEO Elon Musk.
COMMENT
He doesn't see value in TSLA, even if shares declined 25%. Combination of current valuations plus increased competition. TSLA will no longer be the only game in town. Execution has been flawless, he's impressed. Stock doesn't make sense, but he's been wrong on this so far.
COMMENT
They just announced a plan to stock their split. Stocks don't enhance share value, so unless this bump in shares split is backed up by something more concrete, the bounce off this news could evaporate by the next market downturn.
BUY
He added to it on the stock's waterfall. Musk is brilliant. Valuation of 61x 2024 earnings is not obscene for what you have, not nearly as expensive as SHOP. Growth name that's unparalleled in management and products. Don't make it a core position, it's a high-risk satellite name. Own for the long term.
BUY ON WEAKNESS
Hard to compete with TSLA, as it's a beautifully designed computer on the road, and the company has already collected lots of driver data. The traditional car companies are in disarray as they try to mix combustion engines with EV. The valuation is another matter, but TSLA is the one you want to own.
DON'T BUY
Down about 44% from highs. Still trades fairly rich at 70x forward PE. Lots of competition around the corner. Price to sales is 9.5x. Tough to own when money's moving back into value names.
DON'T BUY
Owners of this stock see an Elon Musk aura, but the fundamentals scare her away. There'll be more competitition in EVs in coming years. She prefers owning shares of EV suppliers, instead.
BUY
They report Wednesday and he expects another good quarter. This past week, Musk reported EV sales in Europe in surpassed diesel sales--good news.
BUY ON WEAKNESS
Trades at 100x 2023. Don't make it a core position. Satellite position in a non-registered account. Musk is the ultimate leader. He's changed the world. Projected share growth rate is about 72%, so not a bad PEG ratio. Buy it when it's being ignored.
DON'T BUY
117x forward earnings. Strong growth in revenues. Great numbers, but very highly valued. 15.5x price to sales, not cheap. Too rich for him. Technically, stock's moving sideways.
COMMENT
When Tesla surpassed Ford in market cap, some on Wall St said that Tesla was overvalued and should be sold. It turns out that Tesla deserved to surpass Ford and other companies. If you sold Tesla, you missed out on one of the greatest rallies. It deserved to pass Ford. back then, you were told over and over that Tesla's market cap shouldn't surpass Ford's. Wall Street analysts are too bearish. Definitely, buy the dip!
BUY
Last year, we doubted Tesla on news of a recall, but we believed in it today on news that it delivered far more cars than expected, with shares soaring 13%. This is valued as a tech, run by a visionary. The bears focus on problems delivering cars and with Chinese regulators, for instance. Instead, they're turning a profit, overcame the chip shortage and are on track to make more than a million cars this year.
BUY ON WEAKNESS
He shorted it when it went over $1200. Fantastic company, but rich. Very good support around $900-950. If you can pick it up around $950, you'll do a lot better. Great execution. (Analysts’ price target is $940.00)
COMMENT
Elon Musk sold $1 billion shares today. He did it as a trade as it fell off its highs; he expected it to recover quickly.
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