Category: Overpriced

Overpriced Tesla Won’t Be Most Valuable Carmaker for Long
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Overpriced Tesla Won’t Be Most Valuable Carmaker for Long

17-year-old Tesla is now more valuable than 83-year-old Toyota (less its Treasury holdings). Investors seem to have ignored Elon Musk’s tweet from weeks ago that said the stock price was too high. Competition is heating up in the alternative energy vehicle category from both new and old automakers. Tesla (NASDAQ:TSLA) hit a milestone Wednesday by…

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