Tweet
The thing about Tesla, is that the stock trades very much on emotions, and possibilities. So bringing up logical arguments against it doesn’t really get you anywhere.
Bringing up that the company actually lost $800 million dollars in 2019 doesn’t sway the investors. It just makes them angry. Pointing out that they sold a lot more cars, but barely made any more money off those specific car sales numbers doesn’t help either.
The Model 3 was somewhere around the 27th highest selling passenger vehicle in the US in 2019, so they have a lot of opportunity for growth.
The company also has the ability to make a lot of money from selling carbon credits and software upgrades, and such so those thing are good.
There’s a lot of risk in a TSLA, so the reward may be quite high. But there is also a risk that things may not work out as theorized.
Time will tell. Either way, a fun ride.
Bringing up that the company actually lost $800 million dollars in 2019 doesn’t sway the investors. It just makes them angry. Pointing out that they sold a lot more cars, but barely made any more money off those specific car sales numbers doesn’t help either.
The Model 3 was somewhere around the 27th highest selling passenger vehicle in the US in 2019, so they have a lot of opportunity for growth.
The company also has the ability to make a lot of money from selling carbon credits and software upgrades, and such so those thing are good.
There’s a lot of risk in a TSLA, so the reward may be quite high. But there is also a risk that things may not work out as theorized.
Time will tell. Either way, a fun ride.
Comment