GELYF - Tesla: The Consensus Estimates Are Much Too Positive Indicating Downside For The Stock

• The competitive landscape for EVs is tightening as evident in recent sales numbers for the European continent with Tesla only capturing a 5% market share.
• China is the largest market for EVs but also with a strong domestic presence of companies ready to go global.
• Analyst consensus estimates for revenue portray an overly optimistic future for Tesla with earnings estimates suggesting Tesla can significantly outdo its premium peers, I doubt both.
• While growth will remain strong for Tesla, its valuation is far away from what can be expected from an automotive company.

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