* Stock is up 1100% this year.
* It's trading at 27 times sales (not earnings)
* Average price target is $28 and is trading above the high estimate of $61 (low of $9.50)
* it isn't run by Elon Musk.
$38 price is still generous, but like John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.”
* It's trading at 27 times sales (not earnings)
* Average price target is $28 and is trading above the high estimate of $61 (low of $9.50)
* it isn't run by Elon Musk.
$38 price is still generous, but like John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.”