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Tesla’s Ticking Time Bomb

1 min read
Tesla's Ticking Time Bomb

Photo: Ford’s Comuta EV model in the 1960s. Photo credit: Pierre Manevy / Hulton Archive via Getty Images. Opinion article by James Hanshaw. Seeking Alpha – November 16, 2021.

Summary

  • Tesla is a car maker, is a car maker, is a car maker.
  • Investors treating Tesla as a tech stock are in denial of that.
  • In doing so they have pushed its share price to explosively high levels.
  • Similar has happened with BEV startups like Rivian for fear of losing out reasons.
  • Once the truth sinks in, their panic could be the catalyst for a wider market panic following a decade of complacency. […]