RT Journal Article SR Electronic T1 Practical Applications of Tesla: Anatomy of a Run-Up JF Practical Applications FD Institutional Investor Journals SP 1 OP 4 DO 10.3905/pa.2015.2.4.105 VO 2 IS 4 A1 Bradford Cornell A1 Aswath Damodaran A1 Wendy Connett YR 2015 UL https://pm-research.com/content/2/4/1.11.abstract AB Tesla: Anatomy of a Run-Up Bradford Cornell Aswath Damodaran In their award-winning research, Bradford Cornell and Aswath Damodaran show how the massive run up in TeslaMotors’ stock price was not supported by fundamental factors and that investor sentiment played a role. They implement a discounted cash flow valuation model to reach this conclusion. The model is outlined in detail in their article, Tesla: Anatomy of a Run-Up , in The Journal of Portfolio Management . It was named Outstanding Article in the 16th Annual Bernstein Fabozzi/Jacobs Levy Awards .In this report, Cornell and Damodaran discuss their fascination with how the markets work (or don’t work) and suggest a trading strategy for investors who believe Tesla is overvalued and have the stomach for high risk.