For all the headline-making drama surrounding Elon Musk and his brainchild Tesla Inc., investors were rewarded handsomely for their patience this year.

Now that the company is maturing into blue-chip status with its addition to the S&P 500 Index this month, what happens next may boil down to some simple questions: What type of company is Tesla exactly? And how should the stock be valued? Wall Street’s answers, however, are wildly different -- Goldman Sachs has a price target of US$780 ($1,042.43), while JPMorgan Chase’s is US$90.

“It’s whatever people want to believe Elon Musk is touting,” hedge fund manager Jim Chanos told Bloomberg TV earlier this month.

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