$Tesla Motors(TSLA)$ Bernstein, predict a potential 40% downside due to market saturation and intense competition in the EV sector. They argue that Tesla might need to continue reducing vehicle prices to remain competitive, which could hurt its profitability. The consensus among analysts is generally a "Hold," reflecting uncertainty. While there are optimistic price targets, the average price target of around $204 suggests limited upside potential from current levels
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Comments
How does a company either no growth and loosing market share support a PE of 60?
Tesla going back down to 130 range over the next couple of months.
There is no buyer. Everyone selling and just selling