Cathie Wood of Ark Invest has long been an advocate for a Tesla $3000+ price target and now fund manager Holon Global Investments has just released a 144-page report on the future of Tesla and describes Tesla shares as having “remarkable upside and provide investors with a once-in-a-generation buying opportunity” at their current level. Using a 30-year discounted cash flow model for Tesla, Holon arrives at a fair valuation today of a whopping US$3,369 per share.
Price has been going up nice and steadily and the demand seems strong with PLENTY of new models in the wings. Who knows. $3,000 price target might be a thing...
Yes i agree , Tesla will eventually reach $3500 again!… many giga factories are near completion and some in full production.. tesla hyperloop, underground tunnel nearing completion… Tesla is not also a car manufacturer but has began trading batteries and FSD technology to other manufacturers!. …. Shares has got no choice but to skyrocket!.. starlink is now worth 130b , this I believe will not list on Nasdaq but would merge with Tesla under umbrella company X and share price to the moon