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home / news releases / RACE - Tesla: Don't Buy The Stock Or The Car


RACE - Tesla: Don't Buy The Stock Or The Car

Article Thesis

Tesla (TSLA) has been on a run in recent weeks and months, and those that bought a while ago enjoyed massive gains. It is possible that Tesla's share price continues to rise, driven by momentum. I wouldn't bet on that, however, and I think that the current valuation cannot be justified by Tesla's fundamentals, near-term outlook, and past operational performance.

Source: imgflip.com

Should You Buy The Car?

I personally believe that buying newly-built cars is not a great decision financially, as the total cost of ownership usually is lower for used cars. This

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Stock Information

Company Name: Ferrari N.V.
Stock Symbol: RACE
Market: NYSE
Website: ferrari.com

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