Tesla might not be able to continue its biggest stock rally since 2020, according to ROTH Capital Partners’ Craig Irwin, who said that he’s skeptical about the Elon Musk-led company’s ability to maintain its current share price over the long term, according to Autoblog.
Speaking with Yahoo Finance, Irwin said that with traditional automakers like Ford and General Motors ramping up their EV output, investors might lose interest in Tesla, realizing that there are a lot of new choices out there.