Is Tesla's Valuation a Bubble or Backed by Real Growth?
Tesla(TSLA) MarketBeat·2024-11-12 21:46
Once the United States presidential elections were over, there seemed to be an everything rally for the financial markets, or, as Warren Buffett likes to say, a rising tide lifts all boats. However, he also likes to add that when the tide goes out, that’s when everyone knows who’s been swimming fully clothed or not. Today, some call for shares of Tesla Inc. NASDAQ: TSLA to be in the latter group, considering its valuation today. These bears would be wrong, though. Sure, the stock trades at a high price-to-e ...