From The Daily Beast: Now, think about all the rules of math (and human nature) that would have to be violated to reach these goals. To get to 370,000 cars by 2020, Tesla would have to enjoy a 50 percent compounded annual growth for seven straight years. And in 12 years, we’d have a system in which all cars drive themselves and we’ll live in a utopian society. Keep in mind, the U.S. can barely keep its government open, fix a pothole, or move a train 45 miles in an hour in this country.
If you’re referring to the stock, not to worry, the market will soon ensure a reasonable valuation for Tesla’s stock. It has dropped from $252 to $203 a share in just the last month, and if it keeps going down at that rate, Tesla’s stock will be free in less than six months. As for me, I buy boring stocks of boring companies that make boring products and give you the same boring 7% dividend increase in the same month of every year.