“They [analysts] are using traditional metrics to compare a company like Tesla to the original car manufacturers and that is just wrong,” he says. “If you apply a different valuation test and look at Tesla’s intangibles like its brand, patents and goodwill, these are huge and not factored into any of the [bear] price predictions.” Barse, who says Tesla is a “technology company masquerading as an auto company,” says the value of Tesla’s data (as collected form its cars to power its autonomous driving software) holds tremendous potential. “The future of its data applications could include Artificial Intelligence (AI), software services and myriad other applications,” he says. “The market is misanalyzing Tesla.”
