Tesla, an American company that focuses on the production of electric vehicles and more, has seen its share price go full “SpaceX,” rocketing up to stratospheric levels and making headlines across various media. Living in a world where it’s nearly impossible not to notice the stock market’s daily fluctuations, I couldn’t help but wonder how Tesla has become the world’s most valuable automobile company. With its recent addition to the S&P 500 Index this month, many whispers of both commendation and condemnation have stemmed from questioning the company’s true valuation. Is it worth its price, or is it all just a dream?
Electric Vehicle Revolution or Tesla “Tulip” Mania?
Danielle Chan, Newsletter Editor
January 24, 2021
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