Tesla Motors Inc (TSLA) Investors Are Heading For Shock

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HFA Staff
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Tesla Motors Inc (NASDAQ:TSLA) is one of the most exciting companies out there at the moment, but stock in the company is likely headed for a downturn in the next few months. Stock in the firm fell almost 2% to $166.74 per share on Friday after a blog post from an NYU finance professor shook the market. Aswath Damodaran posted his valuation of Tesla Motors Inc (NASDAQ:TSLA) and come up with a pretty low number, $67.12 per share. If the shares fell to that level they would have lost close to two thirds of their value. The future of Tesla…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.