Tesla stock rally won't last as rivals like Ford, GM pile into EV space, analyst says
."It's a great company, they played a huge role in transforming transportation, but you've got 100 new EVs coming to market."– there's lots of old guard that's coming in with pretty compelling vehicles that I think is going to compete effectively and make it harder for Tesla to see the growth and the margins they've been achieving going forward."
and investors' perception that CEO Musk has had a renewed focus on growing the EV company since he hired Linda Yaccarino to run Twitter, which he also owns."I look at Tesla, I say it's egregiously overvalued," Irwin said.
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