Tuesday, June 13, 2017

What Investors Keep Missing About Tesla Stock

Take a Closer Look at TSLA Stock If I asked you to describe Tesla Inc (NASDAQ:TSLA), what would you say? Most people would give the stock answer; that Tesla is a maker of electric cars. It would appear they have good reason to say so, too. Yahoo! Finance classifies Tesla under “Major – Auto Manufacturers.” And Google Finance lists Daimler AG (OTCMKTS:DDAIY), Ford Motor Company (NYSE:F), and General Motors Company (NYSE:GM) as Tesla’s main competitors. Not a single solar energy firm makes the list.

I find this odd. Less than a year has passed since Tesla acquired SolarCity Corp (NASDAQ:SCTY). The $2.6-billion deal made Tesla one of the leading solar providers in North America, so why are we still pretending that TSLA stock is a pure-play on vehicles? Full Article:

submitted by /u/rogerdrago
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June 13, 2017 at 08:19PM

from /u/rogerdrago