Why this article?
It’s been more than a year since I dove deep into Tesla. And a year is just about enough time to:
- Test an investment thesis – is it playing out or not?
- Check if the company warrants a revaluation.
This article will dive into a Tesla through the lens of The Buylyst thesis posted more than a year ago – what did I assumed back then versus what has actually happened since. With all the negative sentiment towards Tesla at the moment, the “value investor” in me sat up and took notice. Before I dig in, one thing about Tesla seems to have proven true over the last year: its stock overreacts wildly to any news – positive or negative.