TSLA: What are the major drivers?
The most obvious factor driving $Tesla Motors(TSLA)$share prices is that the company is constantly coming up with innovations and is led by an entrepreneurial maverick in Elon Musk.
There's also no doubt the world will be embrace electric vehicles over the coming decades.
Tesla already has an enviable position in this fast-growing marketplace. The range – Model S, Model 3, Model X and Model Y – are not only technologically advanced but visually appealing, which is why so many more are being seen on the roads.
The company might also benefit from any increases in fuel prices or government regulations on more traditional internal combustion engine vehicles in the next few years.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
To the moon!
Great ariticle, would you like to share it?