The electric-car maker's free cash flow in Q3, combined with Tesla's rapid growth, is starting to make a strong case for the stock's huge market capitalization.
Forget ghouls and goblins -- if you want to scare an investor, just show them a five-week chart of the benchmark S&P 500 between Feb. 19 and March 23. Of course, the coronavirus disease 2019 (COVID-19) pandemic and record-setting volatility in the stock market aren't the only frights investors may have to cope with in the near term. Cue the chorus of boos, but investors should be highly skeptical of electric vehicle (EV) manufacturer Tesla Motors (NASDAQ: TSLA).
The electric-car maker's strong quarter and big guidance highlight its impressive growth in vehicle production and deliveries.