Aug 23, 2020

Tesla’s (TSLA) $2k value could be looked at as “low priced,” investor says

Posted by in categories: climatology, economics

Tesla (NASDAQ: TSLA) has reached the $2,000 a share price point, but one investor says that its value could be looked at as “fairly low priced” in a year or two.

It’s hard to imagine that $2,000 for a share of an automaker’s stock could look like a bargain in the current economic climate. However, the CEO of AdvisorShares, Noah Hamman, thinks that TSLA’s price now could very well be looked at as a steal in a year or two.

“It’s possible a year or two from now we think that $2,000 a share was still fairly low priced, but who knows,” Hamman said to The First Trade, which is Yahoo Finance’s opening bell show.

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