Investor Gary Black of The Future Fund LLC says the fair value price for Tesla Inc.
(NASDAQ:TSLA) would be $312, reaffirming his concerns with the Elon Musk-led company's valuation.
Tesla's Valuation Draws Gary Black's Criticism In a series of posts on the social media platform X, the investor reaffirmed his view of Tesla's valuation while also criticizing the EV maker's bullish supporters.
"Investors who refuse to compare valuation vs price are doomed to overpay for great companies like $TSLA," he said in his post.
Read Also: China Says US Humanoid Robot Ban 'Severely Damages' Relations—Here's How It Could Affect Elon Musk's Optimus: 'China Makes Half…' Black then shared his calculation for determining Tesla stock's value.
