The Business Times
SUBSCRIBERS

Tesla stock up 25% since March but fans are not happy

They worry that it has become an overpriced investment and a risky play in the near or medium term

Published Wed, Apr 12, 2017 · 09:50 PM

New York

IN THE past four weeks, exuberant investors have driven up the share price of Tesla, putting the upstart in the league of car companies that have been in the business for a century.

But there are others who think that Tesla, for all its potential, has become an overpriced investment - and something of a risky play in the near or medium term, given the challenges of turning battery-powered cars into mass-market products.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here