Last week it was announced that China's BYD (HK:1211) had overtaken Tesla to become the world's leading electric vehicle (EV) seller.
In this episode, we take a deep dive into the business model of Tesla (NASDAQ:TSLA) and examine why, despite selling less vehicles, it is worth some 10 times more than its Chinese competitor.
We examine the bull and the bear arugments culmintaing in our Director of Corporate Finance Stephen Barnett sharing his Discounted Cash Flow (DCF) process.
Is Tesla overvalued at a 77x Price to Earnings (P/E) ratio? That's more than double Microsoft!
PODCAST: BYD Surpasses Tesla, So Is $TSLA Worth The Hype?