Tesla’s Ticking Time Bomb
1 min read
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. […]
