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Zenger
Zenger
Business
Shanthi Rexaline

Tesla’s Stock Valuation Deemed ‘Egregiously Overvalued’ By Analyst

Tesla Inc. Craig Irwin NYSE
A Tesla Model Y is displayed during Thailand Fast Auto Show & EV Expo at Bangkok International Trade and Exhibition Center (BITEC) in Bangkok, Thailand on July 5, 2023. (Valeria Mongelli/Anadolu Agency via Getty Images)

Tesla, Inc. (NASDAQ:TSLA) has polarized the investment community and analysts, especially due to the recent surge in the stock price. An analyst at Roth Capital Partners believes the stock is “egregiously overvalued.”

A Tesla drives along a section of the Upper Great Highway where sand encroaches on the road from Ocean Beach on June 26, 2023, in San Francisco, California. A recent U.S. Geological Survey study concludes that “by 2100, the model estimates that 25-70 percent of California’s beaches may become completely eroded due to sea level rise scenarios of .5 to 3.0 meters , respectively.” (Loren Elliott/Getty Images) 
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