Tesla Stock: Overvalued or Good Buy?

[Damian P.]

For all of you real estate investors, who also invest into the stock market…

Was curious your thoughts on Tesla stock (TSLA) at $657/share. Is it overpriced or a good long term buy

Earning today showed $1.1 billion net income up double from $438 million in Q1, and 10x from just a year ago.

At P/E ratio of 662, future earnings are obviously built into the stock price, but it’s hard to not see this company becoming a rocket ship into the next 5-10 years+.

What is everyone’s opinion of TSLA? Overpriced or worth a buy right now? Anybody think there is a price it’s worth a buy?