Why Tesla is overvalued after 'incredible' short-term returns
Regulators will struggle to disrupt disruptive techs
Wesley Lebeau, portfolio manager at Amundi subsidiary CPR Asset Management,has dropped his position in Tesla, describing the automotive tech innovator as "overvalued".
Lebeau, who manages the CPR Invest Global Disruptive Opportunities fund, was initially impressed with the returns of his 1% position, which he bought in December. He said:"Tesla had incredible performance...
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