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Ubs Group dampens Tesla's spirits: Core autos business only accounts for 12% of market cap, the remaining 1 trillion market cap is all about the unlimited possibilities.
ubs group stated that the phenomenon of "the market cap of the autos business falling below the average level" has only occurred twice in the past four years, resulting in stock price corrections for Tesla of over 30% and 70%, respectively. Moreover, Tesla's current expected pe has reached 100 times, far exceeding the average level of the past two years, and investors need to have a strong sense of belief to continue increasing their shareholding in the stock.
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