Gordon Johnson of GLJ Research has a price target of $120 for Tesla by the end of 2023, which is a drop of more than 44% from the current price.
Johnson argues that Tesla’s valuation does not reflect its true fundamentals and that it will lose market share to other electric vehicle makers.
https://www.nasdaq.com/market-activity/stocks/tsla/historical?ssp=1&darkschemeovr=1&setlang=en-SG&safesearch=moderate
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