1221 days ago • Posted by William Ramstein
Tesla multiples dwarf Apple
How Tesla should be valued is one of the most contentious issues between bulls and bears. Goldman Sachs says the stock is worth $780; JPMorgan’s price target is $90. Tesla’s valuation, on both a price-to-earnings or price-to-sales basis, is significantly higher than both Apple Inc. and the NYSE FANG+ Index of mega cap technology shares. Source: BloombergQuint