‘Dean Of Valuation’ Says Tesla Still Has Long Way To Go To Justify Stock Price

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Aswath Damodaran told CNBC’s Squawk Alley that Tesla would need to generate revenues like Volkswagen Group (OTC: VLKAF)does in a decade and margins like those of Apple Inc. (NASDAQ: AAPL) along with making manufacturing investments “like no other manufacturing company before” to justify its current stock price.

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