- Wed Nov 27, 2024 4:01 pm
#3547
Is Tesla's recent stock surge truly justified or are we witnessing a market bubble fueled by irrational exuberance? UBS analysts suggest the latter, attributing the $350 billion increase to animal spirits rather than tangible improvements. While a Trump presidency might bring regulatory changes favoring AI and autonomous vehicles, Tesla doesn't yet have a robotaxi fleet ready to capitalize. Furthermore, the potential removal of EV tax credits could force Tesla to lower prices, impacting profitability. Where do you stand? Is this a sign of Tesla's continued dominance or a precarious climb destined for a fall? Let's discuss the long-term implications and whether the current valuation reflects reality. What are your price predictions for the next year? Could this be the beginning of a market correction, or is Tesla's growth truly unstoppable?
