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A fully charged Model SD

A fully charged Model SD

Tesla bulls and bears are so far apart that a fully charged Model SD wouldn't be able to cover the distance between them.

Morgan Stanley analyst Adam Jonas has a target price of $320 per share. Dan Galves at Credit Suisse is at $325.

John Lavallo of Merrill Lynch/Bank of America, meanwhile, is at $75.

Splitting the different is Goldman Sach's Patrick Archambault, at $210.

You could argue that the biggest Tesla bear of all is Elon Musk himself, who stately publicly around the time the stock slide began that his company's valuation was a bit frothy.

A main skeptical theme that's developed around Tesla is that we're dealing with a car company — and a car company that's trying to remake the auto industry in Musk's image of technology joined with electric propulsion.

Car companies love capital like children love ice cream. There's no way for Musk to run a lean-and-mean "conventional" Silicon Valley startup whose capital costs consist of salaries for half a dozen software engineers, six IKEA desks, some MacBook Airs, and a fridge stocked with Red Bull.

For example, that aforementioned robot arm, the one that looked so cool flipping a Model SD chassis around — well, they're used to build cars in Tesla's factory, and each of them costs about $3 million.

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