Capitalist Letters

Capitalist Letters

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Stuck Between Being a Car Company and Tech Company: Tesla
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Stuck Between Being a Car Company and Tech Company: Tesla

Tesla has been one of the favorite stock picks of the institutional investors, now many of them kicked it out of the mega-cap gang and renamed it: "Super 6".

Oguz Erkan's avatar
Oguz Erkan
Feb 12, 2024
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Capitalist Letters
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Stuck Between Being a Car Company and Tech Company: Tesla
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Tesla has been the poster child of the stock market rallies in the last years. After monstrous 2020-2021 rally, the stock declined only to recover later in 2023. It was member of the gang investors called “Magnificent 7”. It has all it takes to succeed: Hardcore innovation, amazing products and a world-star CEO; though, it currently lags the remaining 6…

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