Question

Why choose Apple or Tesla sock?

Answer 1

Apple and Tesla are the two industry leaders who are driving technological change at an alarming rate. They have similar origin stories, and have brilliant founders. Their leaders are talented and are inspired by innovation.

Apple is better in terms of developing products and meeting the needs of consumers. Tesla vehicles are expensive for the average household to buy. Compared to Apple, in short term, Tesla is not moving quickly.

The profits of Apple are not wholly dependent on iPhone’s success. It has other segments too. Though iPhone revenues decreased year-over-year, the revenue of other business segments has increased.

The value of Tesla stock rose in February 2020, and increased by approximately 200 percent over six months. It appears to be fairly priced but there are experts who believe that Tesla is overvalued. It is estimated that the value of the stock will continue to grow in future. But some believe that there are chances for minor drops.

Both of these stocks are good to invest. And choosing between Tesla and Apple is a tough task. Because both companies are positioned in such a way that it will bring long-term success. According to the analysts, there is no indication that the value of the shares will not be much lower than that of today.

Still if one stock is to be selected, Apple is the better option.