The high valuation of Tesla can be attributed to several factors. Firstly, a large portion of the stimulus capital that entered U.S. capital markets went towards innovative firms like Tesla. Secondly, Tesla's focus on innovation and technology, particularly in electric vehicles and renewable energy, has attracted significant investor interest. Thirdly, Tesla's strong brand and its visionary CEO, Elon Musk, also contribute to its high valuation. Lastly, the company's potential for future growth and profitability is another factor that investors consider.
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