Could Tesla Shares be Overtaken by Competitors?

It may be years before electric vehicles replace petrol cars. But are there investment opportunities today in this technology?

Karen Kwok 27 June, 2017 | 2:00PM
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When it comes to electric cars, the first company that springs to many investors’ minds would be Tesla (TSLA).  For a company that started in 2003, with aims to transition the world from petrol to electric cars, the share price of the Tesla has done extremely well over this period.

Tesla now has a $62 billion market capitalisation, with its share price rising from $107 four years ago to its current level of $377.

However, Ben Preston, manager of global equity strategy with Orbis, a global investment firm, says he has doubts about the future trajectory of Tesla shares.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Bayerische Motoren Werke AG80.36 EUR0.00Rating
General Motors Co51.33 USD0.00Rating
Orbis SICAV Global Equity Inv256.53 EUR-0.46Rating
Samsung SDI Co Ltd725,000.00 KRW0.00Rating
Tesla Inc759.49 USD0.00Rating
Volkswagen AG189.70 EUR0.00Rating

About Author

Karen Kwok

Karen Kwok  is a Reporter for

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