There’s a big difference between the market capitalization and book value. Tesla’s stock is probably way overvalued but I can’t say for sure since I don’t own any of their stock and haven’t looked into their financials.
They have the premier charging network in the United States.
Unfortunately, nothing else comes close and probably won’t for a few years… Like 10 years at least. The US is probably a decade behind Europe’s electrification at this point, and about 75 years behind it’s rail electrification.
How is this company still so valuable.
I would buy literally any other electric car than a Tesla.
There’s a big difference between the market capitalization and book value. Tesla’s stock is probably way overvalued but I can’t say for sure since I don’t own any of their stock and haven’t looked into their financials.
They have the premier charging network in the United States.
Unfortunately, nothing else comes close and probably won’t for a few years… Like 10 years at least. The US is probably a decade behind Europe’s electrification at this point, and about 75 years behind it’s rail electrification.