Tesla's Stock: The Future is Now

Tesla's stock has been on a wild ride, and it's not just about electric cars anymore. A top analyst, Jed Dorsheimer, thinks that the real value lies in Tesla's future tech, like self-driving cars and robots. He believes that the car business is only worth about $30 to $40 per share. That's a big change from how people used to see Tesla.

Stock Performance

Tesla's stock has shot up by 48% in the last six months and 14.3% in the past month. But here's the thing: it's now trading at over 380 times its earnings, which is way higher than other companies in the sector. This means that investors are betting big on Tesla's future, not just its current sales.

The Shift

Dorsheimer thinks Tesla is in the middle of a big shift. Investors are more interested in Tesla's self-driving tech, robots, and energy projects than in its car sales. This is a huge change from how people used to value Tesla. If Tesla has a bad quarter or faces pricing issues, the stock might not react as badly as it used to.

The Catch

But there's a catch. Tesla's stock price already reflects a lot of its future potential. That means there's not much room for error. If Tesla doesn't deliver on its promises, the stock could take a big hit.

Wall Street's View

This shift in how people see Tesla isn't just coming from one analyst. Across Wall Street, people are looking at Tesla more as a bunch of future tech projects than as a car company. The car business is playing a smaller role in how people value Tesla.