Tesla Motors Inc (TSLA) shares have had an incredible run, and now one firm says there’s a Chinese EV maker that’s being overlooked. Longboard CEO Cole Wilcox says BYD Company Limited (HKG:1211)’s story is under told and that it’s time investors sat up and took notice. If you remember, Longboard is the firm which said prior to the run-up in Tesla’s share price—about a year ago, in fact—that shares would rocket upward. The firm recently shared its thesis regarding BYD with ValueWalk. Longboard predicts that shares of BYD Company Limited (HKG:1211) will trade over $100 within the next 18 months…
Is BYD The Next Tesla Motors Inc?
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.
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