Tesla Bubble?

Recent history shows that the title of this post is somewhat ridiculous to fathom, however in the grand scheme of all Tesla ($TSLA) has been, it is quite logical. The stock runs up hundreds of dollars off tweets and went up $2,000 in basically 5 months. Safe to say, Tesla’s price movement is unheard of. Now, with Apple ($AAPL) announcing that they plan to have an electric car of their own on the road by 2024, Tesla has direct competition with a major company. I theorize that it won’t be long until many other large companies really start to materialize practical ways that they can too partake in the electric vehicle market. Don’t completely write Tesla off, as the company is years ahead of anyone else and Elon Musk is the dictionary definition of an innovator.

-Darnel Shillingford

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