Tesla's $350B Post-Election Surge: Animal Spirits or Real Growth? UBS Says Sell
Posted: Wed Nov 27, 2024 4:20 pm
Is Tesla's recent stock surge truly justified or are we witnessing an irrational exuberance fueled by market momentum? UBS suggests the latter, attributing the 350 billion dollar increase to animal spirits rather than substantial improvements in Tesla's core business. While a Trump presidency could bring regulatory changes favorable to AI and autonomous vehicles, UBS argues Tesla isn't positioned to capitalize on these shifts immediately. Furthermore, the potential removal of EV tax credits could negatively impact Tesla's pricing strategy. Where do you stand on this? Is the market overestimating Tesla's potential or is this the beginning of a new chapter for the company? Lets discuss the long-term implications of these political and market forces on Tesla's future. What are your price predictions for Tesla in the next year? Is UBS's sell rating warranted or are they missing the bigger picture?