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The world's hottest shares: part 1

The startling turnaround in Tesla's valuation has left many investors bewildered. Is it now time to start believing in Elon Musk's genius? Neil Wilson weighs up the arguments
The world's hottest shares: part 1

From agnostic sceptic to true believer. That’s how veteran CNBC commentator and equity investor, Jim Cramer, summed up his philosophical shift on Tesla (US:TSLA) last December. He’s not alone. The shares have skyrocketed – and been on quite a volatile ride in the process – as investors have tripped over themselves to get a piece of the action.

Tesla itself said 2019 was the turning point for the business. Many, though far from all, doubtful Wall Street analysts have been brought around too.

 

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