Tesla stock price PREDICTION for 2024-2026. DON’T TRY this at home! Part 3/3
Overall SentimentBullishStrength: 90%
Overall Thesis
Bhakdi predicts Tesla stock at ~$180 is very undervalued given its comps (Nvidia, Microsoft, Meta have all exceeded 2021 highs), with $160 as a strong floor, $255-$280 as a near-term target around Aug 8 robotaxi unveil, $400 as a 12-18 month base camp, and $2,000 by 2026-2027 per ARK Invest's target. Macro environment is stabilizing and Tesla is an AI stock.
Narratives
TSLATesla
Strongly BullishTesla is deeply undervalued at $180 with a strong floor at $160. Short-term target is $255-280 around the August 8 robotaxi event, $400 within 12-18 months as it retakes 2021 highs, and $2,000 by 2026-2027. The stock trades at 6x P/S while comparable AI companies (Nvidia 35x, Microsoft 12.5x) trade much higher.
Key Arguments
- Tesla's price-to-sales ratio of 6.06 is extremely low vs Nvidia 35, Microsoft 12.5, Meta 7.85
- Comparables (Google, Meta, Microsoft, Nvidia) have all exceeded 2021 highs while Tesla at $180 is far below $400 high
- Bullish catalysts: June 13 shareholder meeting, Q2 earnings July 17, August 8 robotaxi unveil
- Analyst targets: Dan Ives ~$300 (may increase to $315-325), ARK Invest $2,000, Ron Baron has $4B position expecting 10x
- Macro environment stabilizing: Fed stable, recession risk low, election outcome likely Trump (de-escalation)
- Taiwan/China tail risk acknowledged but diplomatically managed
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