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That's how I've been looking at it too. Yes, Tesla is overvalued right now but we don't know yet what their actual potential is since they can't keep up with de
by dawnerd 6y ago
That's how I've been looking at it too. Yes, Tesla is overvalued right now but we don't know yet what their actual potential is since they can't keep up with demand. It's likely the valuation is completely unrealistic in the long term. Other EV manufacturers are also seeing pretty fantastic stock growth as well.
- grecy 6y agoAlso it helps they're the only auto manufacturer building EVs at scale, and more and more jurisdictions around the world are passing laws to ban the sales of ICE vehicles from 2030 onward.