's ability to manufacture them, the amount of cash Tesla has, and the way the electric-car maker is valued. The first three are turning in favor of Tesla optimists, Munster said, and the fourth is not a strong foundation for an argument against a company's future prospects.
Tesla's performance during the final nine months of 2019 illustrate the potential the electric-car maker has to become one of the most successful transportation companies, Munster said, though Tesla still faces execution challenges. "Given the progress over the past year along with the size of the opportunity, all indications point to Tesla's stock taking a similar path to Amazon's over the past decade, with valuation continuing to move higher," MunsterTesla has developed an advantage over other automakers in battery technology, charging infrastructure, and autonomous-driving technology, Munster said.
"The opportunity in mobility is massive, and Tesla is the most obvious company to capture a large piece of the prize," he said.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »