Tesla (TSLA) is worth $130 due to weak fundamentals, strong competition, says HSBC

Tesla (TSLA) has weak fundamentals and strong competition, according to a new HSBC pricing the stock at $130 – less than half its current price.

Tesla (TSLA) has weak fundamentals and strong competition, according to a new HSBC pricing the stock at $130 – less than half its current price.
BYD thinks it can make more money than Toyota and it might be right