How Big Can the Tesla Bubble Get?

Here’s one fact that somehow transcends logic: Tesla is worth five times more than GM and Ford—combined. The EV company, which for quite some time served as a laughing stock for conservative investors on the one hand and the favorite of short-sellers on the other, has now reported five consecutive quarterly profits. As such, its outlook is bright, with EV sales seen as picking up considerably. It’s no wonder that other EV markets are eager to replicate its success. The Wall Street Journal reported earlier this month on two EV…

via OilPrice

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