The stock price at which I would consider Tesla (TSLA) a smart buy will depend on several factors, including the company's financial performance, market conditions, and my own risk tolerance. However, based on the current financial data and market sentiment, I would consider Tesla a smart buy if the stock price were to drop to around $200-$210 per share.
This price range would provide a better entry point for investors, offering a more attractive valuation compared to the current price. At this level, the P/E ratio would be more reasonable, and the stock would be trading closer to its support levels, suggesting a lower risk of further declines.
Additionally, a price in this range would still allow for potential upside as Tesla continues to grow its electric vehicle and energy generation/storage businesses. However, investors should carefully consider their investment goals, risk tolerance, and the overall market environment before making any investment decisions.
It's important to note that this is just one perspective, and other investors may have different opinions based on their individual analysis and criteria.
