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| Tesla Motors - BidnessEtc |
Current
TSLA Stock price of around the $200 is
far off the highest it hit around $265 which is some time ago. A look at this
trend may give anyone a glimpse of the unpredictable nature of TSLA Stock price. By this time, many
preconceived notions will be going through your mind about Tesla Motors Inc. Maybe
the firm is not using its potential or maybe the idea of eco-friendly cars may
not help them to sustain the desired level of consistency that is needed for
any company to operate successfully in the long term. But all these notions
aren’t quite true .What makes TSLA Stock
price act in such a volatile manner maybe down to lack of investors
understanding of the company. The dilemma they face is whether to treat Tesla
as a car manufacturer or a technology based firm. This confusion has discouraged many investors
to invest in this company.
Currently
TSLA is the most shorted stock on the NASDAQ 100. Long term success of the
firm’s stock would depend on factors such as its product reception in China and
the opening of its factory in that region. Though many analysts see the company
in for a rough ride in China as the smooth running of charging stations plus service
and repair centers across the country will not be easy to say the least. The
dramatic rise of TSLA from a 52 week low of $44.54 to $265.00 led many
investors to think the rise may represent the overvaluation of TSLA in their
eyes but the current price of around the $200 mark says otherwise.
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