EnergyWatch

A new bubble on the market? Tesla share defies reality

Tesla is a huge hit on the stock market despite the fact that the small car manufacturer is running on huge deficit. Is it pure hype, or are the shareholders on to something?

Tesla is currently worth USD 53.5 billion – more than BMW, General Motors, Ford, and several other car giants, which not only sell millions of cars annually but also earn billions from it.

As everyone turns their attention towards Tesla, some are asking whether this is a new market bubble which will burst and drag others down with it. Or is Tesla simply creating the long-awaited disruption in the car industry?

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