Business
Is it riskier NOT owning Tesla (NASDAQ:TSLA)?
Tesla Inc (NASDAQ: TSLA) has long been a company that divides opinions. And that’s putting it politely. Rewind two years and every investor with an opinion on this company seemed to be in one of two camps. One camp espoused that Tesla would be a company that would one day dwarf Amazon.com Inc (NASDAQ: AMZN) with the real-life Iron Man – CEO Elon Musk – at the helm. The other fervently believed that Tesla was the world’s biggest scam, Musk a conman and that the company was going to zero.
Well, back in the present, the debate still isn’t too different. Yes, Tesla has proven itself to be able to consistently grow while becoming profitable. But for many people in the second camp, the US$656 billion market capitalisation that…
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