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The Real Reason Tesla’s Stock Exploded In 2020 By Paula White - Jan 27, 2021, 6:00 PM CST
Tesla’s been the hottest stock on the market over the last year, but most people have overlooked what we think is the most important reason for their success.
It’s the reason their shares soared 695% during 2020 and they landed on the main stage with their inclusion in the S&P 500.
Now, Tesla’s delivered a blueprint for how to thrive in the post-pandemic world.
While major automakers have been spinning their wheels fighting to survive after a gut-wrenching year.
Tesla’s moves have Morgan Stanley analysts putting them in a completely separate camp, comparing them to services companies like Roku, Tinder, Apple, and even video game makers.