Why it's crazy to expect Tesla to grow like a tech stock (tsla)
Benjamin Zhang/Business Insider
Since it's 2010 IPO, Tesla shares have gained over 1,000%. As it stock, it pretty much defined "going parabolic" — the trajectory has been like a rocket launched by CEO Elon Musk's other company, SpaceX.
This kind of price appreciation is based on one thing and one thing only: the conviction that Tesla will be worth much, much more in the future than it is now.
As such, many of the experts and analysts who follow Tesla on the financial side treat the automaker as a tech company... Читать дальше...