Well, this is a debate over topic, because yes and no both the answers are applicable in this situation. Everyone has different and their own opinion on the stock market of Tesla at https://www.webull.com/quote/nasdaq-tsla, on the world’s largest company according to the market car. Maybe the investors will refer to the YES statement in this debate, because of the past experiences of this company.
The invention of electric cars doesn’t end well, Tesla electric cars started to have many disadvantages, and negative reviews. For example, it was not possible to take the car for a long-distance, as this means you have to charge it. If in case you forget to charge the car, then the car will not be able to move even an inch from its place. In this way, people started to abandon these electric cars.
Let’s start the debate on the topic to see all the sides of the topic.
No, it’s not
If we are not taking the past experiences of the company and counting on the current Tesla stock. Then the company has raised the stock a lot and slowly the company is coming back on track, as people and investors are showing interest in the electric cars, the company is growing and raising their market value.
If you want to buy the stocks according to the present scenario of the company then the company is growing, and the stock is getting back their value. Moreover, Tesla is the fastest-growing company in the world, along with this one more statement that is debatable is that the Tesla company is not only an automaker company but it is also a tech company. So, along with the automaker, it also launches tech machines, which is sold in the market at a good price and worth buying stocks for the same.
Yes, it is
Now, coming to the second part of Ford debate, where some people and investors think that the company Tesla is given overvalued. There are more brands and companies in the automaker which are worth more value than Tesla. Like Mercedes, BMW, Ford and many more companies.
Investors think that in spite of these all losses also the company is getting more value in their stocks which should not be given because the company can again go into the same loss. The companies which are smaller than Tesla, even they are also giving more deliveries on the automobiles and gaining more than Tesla. So obviously, Tesla Stock is given more value than it needs right now. If you plan to buy tesla stock, you can check balance sheet at https://www.webull.com/balance-sheet/nasdaq-tsla before stock trading.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.