Why Tesla will lose its lead

Investors are often drawn toward the 'next big thing' and the allure of rapid growth that comes along with it.

The problem is that too much excitement can easily lead to too much capital chasing too few ideas. This pushes up valuations and ruins the investment opportunity. The changes sweeping the automobile industry are a perfect example in today's environment. Just look at Tesla. In 15 years, it has built arguably the best electric vehicles on the planet, a premium brand, and an early lead in the underlying technology. But unless you have been living in a cave, you already know this. Liontrust's sustainability team on why they invested in 'controversial' EV maker Tesla Trading at over ...