Pemalite on 16 April 2017
| LurkerJ said: Tesla's value isn't high just because of electric car though, right? They have many adventures that aren't exclusive to cars, multiple "smart" solutions for renewable energy propped up their value. Back to the USA economy... Where are they heading with that ever rising deficit? I don't get it. |
This. They do have a foot in the battery market.
Tesla's value is due to the future prospect of the company. The future is all electric.
Besides, all stocks contain a degree of risk anyway. You aren't entitled to ever-increasing return on investment without risk. Even housing carries risk.
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