Tesla Just Gained the Combined Value of Lucid and Rivian in One Day. Time to Sell?
Monday kicked off the new trading year with a bang as the S&P 500 burst through to a fresh all-time high. Yet the most striking story was Tesla's (NASDAQ: TSLA) blowout fourth-quarter 2021 and full-year production and delivery results. The company beat expectations, and its share price rose over 14% on the day.
As the fifth-largest company in the U.S. with a market cap of $1.2 trillion, is it time to sell Tesla after the big day? Or does the company's stock deserve to be higher?
Image source: Rivian Automotive.
Source Fool.com
