Tesla (NASDAQ) was the market leader in car sales despite supply chain issues that many automotive companies experienced last month. This caused Tesla’s stock to rise and became expensive. However, there are other companies that could offer similar returns to TSLA. In the next few months, we believe Mazda Motor (OTC), and Isuzu Motorsss (ISUZY) will see a strong rally. These stocks are solid investments now, despite strong consumer demand. This was due to higher than expected private payrolls as well as technical advances. Last month, the United States lost 0.7% in auto sales to $12.9 million. The shortage of semiconductor chips, low inventories and delayed delivery caused by rising demand for automotive products, made it difficult for companies to cope with this increase in sales.

Tesla, Inc. (TSLA), was able overcome the challenges in its supply chain. The November sales of electric vehicles (EVs) were dominated by the company. TSLA topped November with 1,013 Tesla Model Y vehicles registered, and 771 Tesla Model 3. We believe that its stock price is overvalued, having increased more than 90% during the past year.

We believe there are other automotive companies than Tesla worth looking into. For example, due to their excellent brand value and financial flexibility, Isuzu Motors Limited (ISUZY) and Mazda Motor Corporation (MZDAY) are expected to deliver returns that match TSLA’s in the near term. This makes these stocks a solid investment now.

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