Tesla trades ~19% below Morningstar fair value, analyst says
TSLA closed Thursday at $366.20, up more than 2% on the day, after trading about 19% below Morningstar’s fair-value estimate, with “Very High Uncertainty” noted around emerging businesses.
Tesla shares trade 19% below Morningstar’s fair-value estimate, with the electric-vehicle maker still viewed as a stock pick despite “Very High Uncertainty” around its emerging businesses. 20, leaving the stock on track for a third straight weekly gain.