Fair price for Tesla is $35 a share

$Tesla Motors(TSLA)$ tesla is way over valued. The PE of most car companies is under 10. Tesla is only a car company. And they aren’t even doing that very well.

Their year over year sales are down. A few years ago, Tesla proclaimed that they were going to increase their car sales by 50% every year. The Tesla bulls are still thinking that will happen.

Other electric car sales in the US are way up year over year. They’re expensive dated cars and their leadership is their main downfall. Fair price for Tesla is $35 a share.

I predict $BYD Co., Ltd.(BYDDF)$ will be worth more than Tesla in 2026. Either BYD goes up or Tesla goes down or both is fine with me. 😁

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