Tesla Stock Is Outrageously Cheap. Here's Why There Could Be Another 100% in Upside Potential.

From some perspectives, Tesla (NASDAQ: TSLA) looks outrageously expensive. For example, its shares trade at nearly 14 times sales. For comparison, Rivian, another popular electric vehicle (EV) stock, trades below 4 times sales. To be clear, I'm a big fan of Rivian. I think shares are ridiculously cheap with 1,000% upside potential. But I also think Tesla shares are cheaper than a first glance indicates.That's because the EV maker is chasing growth opportunities that few of its competitors can target. One opportunity in particular could add at least $1 trillion in value to the company's market cap, resulting in nearly 100% upside potential from today's prices.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool