HAN-GINS Tech Megatrend Equal Weight ETF cofounder explains why he thinks Tesla is still undervalued
HAN-GINS Tech Megatrend Equal Weight ETF (LON:ITEK) co-founder Anthony Ginsberg explains why he thinks electric vehicle manufacturer, Tesla, with its significant share price run-up in the past year, is still undervalued.
Ginsberg says Tesla, which represents 2-3% of the ETF’s holdings, is at an inflection point, explaining the car maker could be disruptive to the ride-sharing business with its autonomous vehicles. He adds its manufacturing costs are significantly lower than typical auto frames.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/941248/han-gins-tech-megatrend-equal-weight-etf-cofounder-explains-why-he-thinks-tesla-is-still-undervalued-941248.html
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