3 Elon Musk Comments That Could Change Your Mind About Tesla Stock
Tesla (NASDAQ: TSLA) has attracted its fair share of bears, and it's easy to see why. The company currently has a market cap of $845 billion, which is roughly equivalent to the valuation of the next 12 automakers combined. Additionally, some people see CEO Elon Musk as a liability. Tesla's fearless leader has locked horns with the U.S. Securities and Exchange Commission on several occasions, and he has more recently drawn the ire of Twitter and its stakeholders.
Even so, it is hard to argue with results. Last year, Tesla once again led the electric car industry in sales, and the company showcased its capacity for innovation as it adapted to supply chain challenges and semiconductor shortages more nimbly than other automakers. Of course, Tesla will almost certainly lose market share as legacy players lean into electrification, but the company has much larger ambitions.
Here are three bold statements from Elon Musk that could turn Tesla bears into bulls.
Source Fool.com
