# Professor Aswath Damodaran explains how the coronavirus pandemic has impacted Tesla throughout 2020

1 Faculty News July 9, 2020 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](https://www.cnbc.com/2020/07/09/nyus-dean-of-valuation-on-teslas-massive-run-the-virus-handicapped-its-competition.html) -- "Shares of Tesla have exploded lately, soaring 30% this month alone and bringing its 2020 gains to a whopping 230%. New York University professor [Aswath Damodaran](https://www.stern.nyu.edu/faculty/bio/aswath-damodaran), sometimes called the 'Dean of Valuation,' called Tesla a 'story stock,' meaning its prices are not driven by news events or fundamentals."

[Read More](https://www.cnbc.com/2020/07/09/nyus-dean-of-valuation-on-teslas-massive-run-the-virus-handicapped-its-competition.html)