If we analyze the cars of Tesla (TSLA stock), then we can make a decision if NASDAQ: TESLA is overvalued or not. The price of the new Model S was $ 66,000. All-electric or hybrid vehicle buyers can receive a tax credit of up to $ 7,500. Revenue in 2016 was $ 2.3 billion, well above $ 936.8 million a year earlier. According to Financial Times reports, The consensus forecast of 23 investment analysts surveyed by Tesla Inc., recommends that investors stay in their position in the company. Consensus outlook as investment analysts’ emotions worsened on August 14, 2015.
But in the last two years, the company has improved its stability a lot. The Tesla Challenge It’s hard to build a car you’ve never built before. Tesla’s unique challenge is vertical integration, which is to own and manage everything. The car is luxurious and original, with a lot of technological features inside. The materials used are environmentally friendly and are recycled. The technology used is the best on the market: there are two monitors that control all functions of the vehicle, from the speedometer to navigation systems to surfing the Internet and cameras. Due to the lack of a conventional motor, the S model has a lower centre of gravity and less headroom than conventional models and above all offers space for 7 people.
Why are customers willing to pay premiums?
Tesla’s strategy is to enter high-end markets where customers are willing to pay premiums and drive the market to higher and higher prices as soon as possible. Despite Tesla’s problems, the company’s record of 400,000 reservations for Model 3 is not only proof that Tesla vehicles have passed acceptance tests, but also the implementation of Musk’s strategy. It is also proof that this is possible since its introduction in 2006.
The gearbox exhibits supercar performance, actually accelerating from 0 to 60 mph in less than 4 seconds and has a top speed of 0 to 60 mph or 60 miles per hour. In July 2005, Tesla entered into an agreement with the British sports car manufacturer Lotus to provide products and services based on Lotus Elise.
At $ 110,000, it certainly wasn’t a cheap option, but it benefited from a number of discounts and concessions on final prices and road taxes paid by customers. This vehicle is powered by a 53 kWh lithium-ion battery. It has a range of over 200 miles per charge. As the products are able to meet the expectation of customers and the company is increasing its revenue and sales, then we can say NASDAQ: TSLA is not over-valued. If you want to invest in this stock, you can check its income statement at https://www.webull.com/income-statement/nasdaq-tsla.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.