ECP | Luxemburg, 19.03.2021
As an investor we have grown accustomed to the drama that Mr. Market throws at us every now and then. Last year in particular was especially amusing from the point of view of price action in the stock markets. Out of numerous such phenomenon Tesla in particular caught our attention, as we being the shareholders of Volkswagen (via Porsche) we are always on lookout to ensure we don’t end up holding a company that is about to fall off the cliff. The vertical rise of market capitalisation of Tesla motors made us question what are the market participants pricing in?
Mit freundlichen Grüssen aus Luxembourg
Léon Kirch, CIO & Partner
