Should I buy Tesla stock?

Necessarily!

Tesla is the market leader in the future technology of electric cars.

The group has just presented its balance sheet for a quarter with record profits, surpassing the previous quarter, which was also a record quarter.

Tesla is no longer just trading the dream of modern electric mobility, but is selling real cars for real money and making real profits.

In addition, the factories of the electric car pioneer are considered to be ultra-modern and a global standard by which the long-established car manufacturers have to be measured.

You still have a long way to go to get to Tesla's standards.

Daniel Mohr

Editor in the economy of the Frankfurter Allgemeine Sonntagszeitung.

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So nice, so good. The findings are not new. Tesla is one of the most popular stocks among Germans and investors worldwide. On Monday came the news that the car rental company Hertz is ordering 100,000 Teslas. The share price jumped 12 percent to more than $ 1,000 for the first time. The company's value reached more than one trillion dollars, a level that has only been achieved by an exclusive group of American tech companies. Tesla comes to the equivalent of 870 billion euros market value, Daimler comes to just under 90 billion euros, VW to 120 billion euros and Toyota to a good 200 billion euros. While classic auto stocks are valued at six to seven times their profit, the factor at Tesla is 150. Old motto: The future will be traded on the stock exchange, and if Tesla managesThe current record high need not be the last to turn its good market position and its lead in electrical technology into cash. As always, not all money should be placed on one stock. Participating in the Tesla boom makes sense. Stocks in an upward trend and with a strong brand position have proven their worth. But there is no guarantee of success. Daimler’s electric catch-up race can continue in the same way. This share also fits well in a broadly diversified portfolio. That's the beauty of the stock market. You don't just have to bet on a horse.Stocks in an upward trend and with a strong brand position have proven their worth. But there is no guarantee of success. Daimler’s electric catch-up race can continue in the same way. This share also fits well in a broadly diversified portfolio. That's the beauty of the stock market. You don't just have to bet on a horse.Stocks in an upward trend and with a strong brand position have proven their worth. But there is no guarantee of success. Daimler’s electric catch-up race can continue in the same way. This share also fits well in a broadly diversified portfolio. That's the beauty of the stock market. You don't just have to bet on a horse.