Tesla Valuation Is Closer to $200, Needham Analyst Says
Aug.10 — Rajvindra Gill, Needham & Co. senior analyst, says Elon Musk has an antagonistic relationship with investors and analysts. Gill points out that it’s not guaranteed that existing shareholders are going to transition to private investors. He says that $420 per share is an “absurd” valuation and that the actual value is closer to $200. Gill projects that Tesla will burn through about two billion dollars of free cash flow next year.
Source:: https://finance.yahoo.com/video/tesla-valuation-closer-200-needham-212907861.html
