A Value Walk View of Tesla Motors
Tesla Motors Inc (NASDAQ:TSLA) stock has been on a roll over the past year. The stock surged from just $25 to over $100. The analysts at this price point are recommending that the stock should be bought knowing the fact that the company has never made a net profit.
The electric car maker is moving ahead of companies like General Motors Company (NYSE:GM), Nissan Motor Co., Ltd. (OTCMKTS:NSANY) (TYO:7201) and Ford Motor Company (NYSE:F), which undoubtedly holds a greater amount of money, engineer’s industry experience as well as resources. Tesla Motors Inc (NASDAQ:TSLA) is still outperforming all these big names when it comes to confidence of buyers.
Tesla’s Model S held the number one spot in electric car sales despite the fact that Model S is priced at $70,000, which is double more than the price of the rivals. So, how is Tesla managing to outperform bigger and more experienced rivals? The answer is discussed in a report from Forbes by Adam Hartung.
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