- Wed Nov 27, 2024 4:09 pm
#3583
Is Tesla's meteoric rise truly justified or are we witnessing a speculative bubble ready to burst? UBS suggests animal spirits and market momentum are the primary drivers, not fundamental improvements. While a Trump presidency might present some advantages for Tesla, the potential removal of EV tax credits could necessitate price cuts, impacting profitability. Furthermore, even with potentially relaxed regulations around autonomous vehicles, Tesla isn't quite ready to capitalize on a robotaxi revolution. So, is the current valuation sustainable? Are investors betting on future potential rather than present reality? Lets discuss the long-term viability of Tesla in light of these considerations. What are your price predictions for the next year? Is the sell rating justified or is UBS missing the bigger picture?
- By Anonymous