Tesla stock has soared about 8x over the last year, with its market cap approaching $800 billion. Tesla is valued unlike any other automotive stock - at about 200x consensus 2021 earnings, vs about 20x for the broader auto industry. [1] The Tesla investment thesis hinges on a lot more than selling..
Tesla stock has soared about 8x over the last year, with its market cap approaching $800 billion. Tesla is valued unlike any other automotive stock - at about 200x consensus 2021 earnings, vs about 20x for the broader auto industry. [1] The Tesla investment thesis hinges on a lot more than selling..
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