Advertisement
Canada markets open in 2 hours 33 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7310
    +0.0012 (+0.16%)
     
  • CRUDE OIL

    82.91
    +0.10 (+0.12%)
     
  • Bitcoin CAD

    86,870.77
    -4,009.07 (-4.41%)
     
  • CMC Crypto 200

    1,350.53
    -32.04 (-2.32%)
     
  • GOLD FUTURES

    2,338.20
    -0.20 (-0.01%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,497.25
    -167.25 (-0.95%)
     
  • VOLATILITY

    16.17
    +0.20 (+1.25%)
     
  • FTSE

    8,092.02
    +51.64 (+0.64%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • CAD/EUR

    0.6814
    -0.0005 (-0.07%)
     

Three Reasons Tesla Stock Could Be an Attractive Prospect

Three Reasons Tesla Stock Could Be an Attractive Prospect

In the previous article, we discussed how Tesla (TSLA) has managed to bring changes to the auto industry by changing auto buyers’ (XLY) perceptions about EVs (electric vehicles). As of October 9, Tesla’s market cap was at $44.8 billion compared to General Motors’ (GM) $46.1 billion, Ford Motor Company’s (F) $35.7 billion, and Ferrari’s (RACE) $23.7 billion. One of the most common arguments against Tesla has been its execution problems.