# Professor Aswath Damodaran's valuation model is referenced in a story about Tesla's rising share price

1 Faculty News February 10, 2020 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](https://www.bloomberg.com/news/articles/2020-02-10/a-ten-fold-sales-rise-is-one-way-to-justify-tesla-at-1-000?utm_source=google&utm_medium=bd&cmpId=google) -- "Using a valuation model created by [Aswath Damodaran](https://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a professor at New York University’s Stern School of Business, there’s a way to reach $1,000 per share -- though it would require sales at the electric car-maker to jump 10-fold from 2019’s full year figures."

[Read More](https://www.bloomberg.com/news/articles/2020-02-10/a-ten-fold-sales-rise-is-one-way-to-justify-tesla-at-1-000?utm_source=google&utm_medium=bd&cmpId=google)