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Electric Car Race - "It's impossible to justify Tesla's high valuation." - Martin Sköld

Tesla has set the standard for the growing electric car market. The old giants are spending huge sums on catching up. It is impossible to justify Tesla stock's sky-high valuation, financial analyst Peter Malmqvist told SvD.

There is no equivalence between Tesla's stock and Tesla as a company. The share lives its own life, says Martin Sköld, automotive expert and associate professor at the Stockholm School of Economics.

Post in Swedish.