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The year of Tesla puts it at the gates of the S&P 500 and makes Musk richer than Buffett


Elon Musk is worth more than Warren Buffett. The controversial CEO of Tesla It is the seventh richest person in the world thanks to the electric car maker, which closed this Monday with a 3% drop after shooting more than 15%.

Tesla's capitalization is already $ 321 billion, according to FactSet. This makes it the tenth largest company in the entire US.

Tesla has accumulated a rally of over 300% so far this year and investors are rubbing their hands thinking that, in its July 22 results, the manufacturer's accounts may make a place for it in the S&P 500. At the same time, the company's price is revalued thanks to these rumors, which makes it the perfect vicious circle for its shareholders.

Some skeptics, like the Bear Traps Report experts, believe that the recent rally is bubble-tinted and not sustained by fundamentals. Others, like analysts at Morgan Stanley, They warned last Friday that "the days of Tesla and its monopoly may be numbered."

At the other end of the table are bulls, including Joe Osha of JMP Securities. Osha claims that Tesla can make $ 100 billion a year by 2025. What is striking is the manufacturer's target price ($ 1,500), above its current listing.

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