Tesla: When the "bull case" becomes "bull dust"

Chad Slater

If the product is good, it must be a good company, right? The paradox of investing is that great investments often have little in common with great companies. This week we examine the bull case for Tesla, as espoused by one stockbroker and find it, shall we say, somewhat lacking. The deal with Solarcity looks to be a poor one for Tesla shareholders and now even the most bullish of brokers is having to "sweat his numbers" to produce the upside he needs to hold his cognitive dissonance in check. Great cars, lousy investment: (VIEW LINK)

Chad Slater

Chad co-founded Morphic Asset Management in 2012. As a stock picker Chad is also a generalist but has strong regional knowledge of Europe and the Americas. He has also been awarded the CFA Charter.



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