'Sentiment needs to be backed up by facts': What next for Tesla?

All eyes on electric vehicle giant

Investment Week
clock • 1 min read

Perhaps the most talked about stock this year, electric car company Tesla has seen an incredible rise in its share price in 2020, but does the disrupter still offer a long-term opportunity to investors?

Perhaps the most talked about stock this year, electric car company Tesla has seen an incredible rise in its share price in 2020, but does the disrupter still offer a long-term opportunity to investors? Tesla's share price was up nearly 480% from the start of the year to the end of August, helping it to overtake Toyota as the world's largest car manufacturer by market cap. It took the firm's decision to opt for a five-for-one stock split in September to derail its momentum. Over the course of 2020, the firm seemed to shrug off longstanding concerns about operational issues and fina...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot