The stock has more than doubled in value since the company posted a third-quarter profit, beat estimates for 2019 vehicle deliveries and ramped up production at its Gigafactory in China. Although there are still a large number of skeptics, investors overall are betting that Tesla has overcome its production, legal and management struggles and is leading the industry on technological innovation for the next generation of cars. The investor appetite also is a boon to Tesla CEO Elon Musk, whose mercurial behavior forced him to step down as chairman after a series of scandals and investor doubts about …read more
Source:: Yahoo Finance
