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Overvalued Tesla?

Overvalued Tesla? by starrdan

Since we did our SWOT analysis on Tesla when I saw this article I thought it was very interesting as I already knew so much background information on the company. It’s a pity that I didn’t see this when I was researching for the assignment but at least now I have found it. When I was doing my SWOT assignment I really liked Tesla as a company, I actually now want to own a Tesla car since they seem like they are a really good investment. The article talks about how Elon Musk believes Tesla’s stock price is overvalued at the moment.

After reading this article I can’t say that my view on Tesla has changed, I can only say that I respect Elon Musk more. I think it was very ethical of him to comment against his company’s stock value. He seems like a good leader to me and is definitely appealing to external stakeholders to see someone like himself investing in a “better” future for everyone. I really don’t know why he said what he did but it seems like he truly cares about well-being and that’s something that should improve Tesla’s brand perception.

http://www.businessreviewcanada.ca/leadership/1106/Tesla-Motors-CEO-Elon-Musk-Reports-Stock-as-Overvalued

Story written by starrdan

 

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