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This Aussie fund may be world’s biggest Tesla bull

A Sydney-based fund believes Tesla shares are worth four times their current value. But it’s Holon’s view on the electric vehicle surge that should get investors thinking.

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If Elon Musk’s $1 trillion giant Tesla wasn’t already the most polarising stock in the world, then small Sydney fund manager Holon Global Investments might well tip it over the edge.

Following 12 months of research that has culminated in a 144-page report on the electric vehicle giant, Holon’s managing director and portfolio manager Heath Behncke and research director Tim Davies have valued the stock at $US3369 per share, more than four times the current level of $US791.94.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p58zek