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There’s a new Tesla bear in town: EV maker is a ‘very expensive company,’ HSBC says

Por: MarketWatch Business November 09, 2023

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The caution “stems from the uncertainty around the timing and commercialization of [Tesla’s] varied ideas,” the HSBC analysts said. “We see considerable potential in Tesla’s prospects and ideas, but we think the timeline is likely to be longer than the market and valuation” reflect. Don’t miss: Still, Tesla is “more than just an auto company,” they said. EVs may be the main driver of revenue and profits at the moment, but... + full article



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