Why Morningstar reckons Tesla is undervalued

Many Australians have Tesla – the stock, not necessarily the car. Picture: Getty Images

US electric car maker Tesla (Nasdaq:TSLA), one of Australia’s most popular international stocks.

Investing app Pearler co-founder Nick Nicolaides said around 90 per cent of its investors would own Tesla through a diversified ETF but it is also its most popular stand-alone stock.

He said Pearler investors favour…

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