In this podcast, John & Sam exchange perspectives on current events that are impacting our economy and influencing investment strategies. Trading Perspectives is hosted by Oakworth Capital Bank's Chief Economist, John Norris along with Associate Managing Director and Portfolio Manager, Sam Clement.
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Jul 15, 2020
Tesla stock has been performing exceptionally well since the middle of last year. It is now is up over 40% in less than 2 weeks. The immediate thought is, what changed? But it doesn’t seem a lot has changed with Tesla over the past year, so why is their stock performing so well? When you look at the market capitalization of Tesla and compare it to other automobile manufacturers, the difference is astounding. Why is Tesla viewed so differently than other automobile manufacturers?