- Tesla has achieved production efficiency and has a solid sales/delivery schedule. However, stock's current levels are highly distorted.
- No longer a unique proposition, trends indicate that the stock could continue paring down till ratios are on par or near those of other major carmakers.
- Both traded volumes and short interest have trended downwards for several years now.
- Overall economic conditions and institutional investor outlook will be contributory factors in stock performance this year.
- Tesla's success in the EV space has "electrified" the industry and it won't be the only quality choice for customers very soon.
For further details see:
Tesla Stock: Model Suggests Performance Will Draw Near Par To Other Carmakers This Year