The ‘cult’ of Tesla, what next for the shares?
Tesla’s increasing sales and rising share price have convinced a growing number of investors and traders to buy its shares. We consider its rising popularity, future prospects and threats to continued share price growth.
A great company and a great investment are two very different things. For example, a business can have a dominant market position and stunning growth prospects. However, if its valuation is too high, it can prove to be a disappointing investment because its ‘best case’ future scenario has already been priced in by the stock market.
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