Tesla's stock is up 64% in the past year.
Tesla Daily's Rob Maurer joined TheStreet to talk about the stock in the past year and how the company continues to innovate. And, of course, why competition from the legacy automakers such as Ford (F) - Get Ford Motor Company Report and General Motors (GM) - Get General Motors Company (GM) Report isn't a concern--even five years down the line.
"It's been a wild 18 months for Tesla. Obviously, we saw the huge run in 2020. Things have slowed down a little bit year-to-date but over the last 12 months--as you said--[the stock] is up roughly 50%...Tesla, even after that huge run, is showing some pretty good ability to stay at these levels. And I'm excited for what the rest of the year has to hold for us with Q3 and Q4," Maurer explained.
Watch the video above for more.