Are shares in Elon Musks Tesla vastly overvalued?

Published: Oct. 8, 2020, 7:30 a.m.

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In 2018, the electric car maker, Tesla, was struggling to get the Model 3 electric vehicle off the production line. Its CEO, tech entrepreneur Elon Musk, was working up to 22 hours a day on the factory floor, trying to solve a host of problems on the car he\\u2019d bet the company on. It was close to running out of money.\\n \\nTwo years later, the company\\u2019s doing better. It says it will grow 30-40% this year.

No surprise then that Tesla\\u2019s share price has gone up. But the amount may surprise you \\u2013 up eight fold in the last year, to $400 a share. Making it the most valuable car company in the world.

It\\u2019s now worth more than Toyota, Volkswagen and Honda put together. But yet it still manufactures only a fraction of the cars they make.\\n \\nSo are shares in Elon Musk\\u2019s Tesla vastly overvalued? Sumant Bhatia finds out from our expert witnesses, who include a Tesla owner who\\u2019s a shareholder and superfan, a fund manager who thinks the shares are in a bubble, an investor with millions of dollars in Tesla and an expert in electric vehicles.

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