Tesla's $350B Surge: Animal Spirits or Real Growth? UBS Says Sell
Posted: Wed Nov 27, 2024 4:23 pm
Is Tesla's meteoric rise truly justified or are we witnessing a market bubble fueled by irrational exuberance? UBS suggests animal spirits are at play, citing the disconnect between the stock surge and tangible business improvements. While a Trump presidency could bring regulatory changes beneficial to AI and autonomous driving, the proposed removal of EV tax credits could negatively impact Tesla's pricing strategy. Where do you stand? Is this a sign of things to come or a temporary market anomaly? Let's discuss the long-term implications and whether Tesla's current valuation is sustainable. Share your predictions for Tesla's future in this evolving landscape.