Analysts’ stock price targets also vary for GM, from $33 a share to $53. But Tesla’s target price range runs from $100 a share to $500 a share, reflecting the extent to which Tesla is a “story stock,” where many investors are motivated more by the possibility of long-term glory than short-term profits or losses. Behind the low end of that stock range is the assumption that Tesla will never do better than the current quarter’s results; on the high end, that the glory days have just begun.

Source: Los Angeles Times October 31, 2018 21:33 UTC