Tesla’s share price is ‘assuming incredible things’

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Tesla News

Elon-Musk

Company’s $565bn valuation implies investors are already paying for the robotics and AI business ‘Musk wants everyone to start believing Tesla will become’

Elon Musk says Tesla should be valued like an AI or robotics company, not an auto company, and the “biggest asset value appreciation in history” may follow when it masters unsupervised full self-driving. Bullish shareholders seemingly agree, with the stock lately rebounding strongly.

In a follow-up discussion on X, Dickson notes analysts expect Tesla to do $2.56 in earnings per share in 2024.

 

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