Why Tesla's Delivery News Is Electrifying Despite the Doubters
Positive news from Elon Musk's trailblazing electric-vehicle (EV) company Tesla (NASDAQ: TSLA) continues with its latest production figures. Its deliveries surpassed analyst expectations by thousands of cars during the third quarter of 2021.
Simultaneously, its market cap remains enormous, and alongside its loyal fans, the company has a vast chorus of detractors predicting a stock-price collapse. Do the naysayers have a point, with Tesla living on borrowed time before its share price corrects to a more "realistic" level? Or will its value rise from here?
Both sides have a compelling argument, but the bull case may be stronger overall.
Source Fool.com
