Tesla is extremely overvalued. It trades like a tech stock, but should really trade like a car company. Car companies have to borrow huge amounts of money to produce vehicles and Tesla is no exception. It will have to issue a bunch more shares or borrow at high rates to get all of those model 3s delivered.
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I do not trade, I invest ! It's not the same, Trader is a job. I talk about long term, Tesla is a gold mine. Experts say that the share price will reach 500 in this year.
And Tesla is not only a car company, have a nice day