Is Tesla’s stock still overvalued in light of its third-quarter results?

Despite the continued semiconductor shortages and supply chain challenges plaguing the automotive sector, Tesla’s Q3 2021 results were better than predicted. Tesla revenues increased by 57 percent year-over-year to around $13.75 billion, versus our forecast of $13.50 billion. Tesla adjusted EPS surged by about 2.5x to $1.86, almost $0.34 ahead of our estimates.Strong…

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Vremaroiu Alin

Vremaroiu Alin

“Rule №1 : Never lose money. Rule №2 : Never forget Rule №1.” ― Warren Buffett https://vremaroiualin.medium.com/membership