10/08/2017at 10:46

A new bubble on the market? Tesla share defies reality

Tesla is a huge hit on the stock market despite the fact that the small car manufacturer is running on huge deficit. Is it pure hype, or are the shareholders on to something?

BY JESPER KILDEBOGAARD, FINANS

Tesla is currently worth USD 53.5 billion – more than BMW, General Motors, Ford, and several other car giants, which not only sell millions of cars annually but also earn billions from it.

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