If you use the traditional fundamental analyst model, such as revenue, debt-to-income ratio, etc.. you would not touch Tesla with a ten foot pole. Yet, Tesla is worth more than Toyota and GM. How should and can you judge this high flying stock?
This stock fall in a category based on non-fundamentals. This stock requires a technical view to judge if the investment is worth the risk.
Tesla seems unstoppable.
The electric auto maker’s stock hit a record high for the fifth day in a row on Tuesday, adding to a practically relentless 223% rally since the market bottomed in March. Tesla’s $258 billion market cap now makes it larger than 97% of the S&P 500′s components.
https://www.cnbc.com/2020/07/08/tesla-is-a-stock-you-cannot-fundamentally-value-trader-says.html
the Java Exchange 