Writer’s note: I am long TSLA and think Elon Musk (all Praise and Glory to The Leader) is a deity roaming the earth who will attain immortality and roam outer space.
Popular belief is often wrong. With investing, the ‘obvious’ outcome is often flipped on its head. Like selling off because Hillary Clinton, Wall Street’s candidate, lost. It was an after hours blip, a modest gap down the following day, and subsequent rally.
One of the popular themes now is that alternative energy companies will be destroyed as Trump ushers in an era of coal and oil, casting a pea soup haze into the air of the United States. And while he’s at it, Tesla will falter and its shares will collapse.
What people aren’t realizing is Elon (all Praise and Glory to The Leader) is the type of CEO who wakes up every day and does his job. He doesn’t throw emo fits and blast out company-wide emails that alienate his workforce and customer base. He puts on his big boy pants and builds electric cars. And rockets. And solar roofs.
It doesn’t matter what’s happening in Washington. He’s a Hank Rearden reincarnate, without the selfish Ayn Rand hue. And his constant innovation will result in products coming to market that people want AND which make sense economically.
Right now, the stock is trading at the low-end of its well-established range. As good a place to invest in the most innovative company in the world as ever:
The single best invention ever is the internal combustion engine. The energy in refined gas is incredible, I can drive 420 miles without stopping in my Toyota with a 12 G tank. And I don’t have an atom bomb under the hood.
And look at the nasty chemicals in the batteries. 100 years from now waste disposal of LithIon batteries will be an issue and will rival nuclear waste dumps….
Couldn’t agree more. Its absurd how “clean” is taken seriously by morons. It is just salesmanship. Most of these clean energies are horrendous in terms of pollution its just not on the surface.
I would just add its the most overlooked invention. Hilary once rambled how ridiculous it is we still use it it 100yr old technology. Look at these engines they are cranking out today. Whether its power or just plain fuel efficiency and range. Its mind blowing how adaptable the internal combustion engine has been over time.
Utter fuckery.
if tsla doesnt crash, it’ll strictly be because Trump isn’t draining the swamp; there is no way Trump should allow for gov to keep giving away tax money to this cash burn disaster and just wait till the other majors start released their electric cars, majors that actually generate profits vs tsla….
Give him a break guys. Dude is a believer for some unknown reason. And Hallowed Halls family.
I hope Raul is not serious…..
Certainly, the greatest invention ever – combustion engines and fossil energy are the way to go into the future (420 miles at a time). We should also burn as much coal and gas and oil as possible because 1) its free to dig from the earth, 2) readily combustible by a match and 3) does not require government subsidy. We all know that gas and oil will definitely not run out in our lifetime and global warming is a hoax. Its a well known fact that once the air is polluted it will deflect sun’s energy thereby resulting in a cooling off the earth and returning to pre-musk temperatures. The earth regulates itself with the ultimate goal of sending corporation profits higher.
Elon Musk is a fool dabbling in solar and electric instead of making wise investments like our real new leader – real estate, casinos, education, modelling and reality TV.
It’s a 3 part solution. It’s pretty straightforward really. The goal of Tesla is to accelerate the advent of sustainable energy. There were plenty of good gas car companies. There weren’t any good electric cars. Generation. Storage. Transport. It’s really not that complicated. If you have a great solar roof, and a battery pack, and an electric car, that is something that can be scaled worldwide.
Folks are used to Japanese quality. No one will stand for sloppy fit, things falling off and cars breaking down which is where Tesla is. Look at YouTube.
Reminder: perception is reality. I don’t trade stocks anymore (futures only), but I notice that just about all of the “quick overview” sites have dropped the P/S ratio in their stats. That’s madness. Particularly when it comes to manufacturers. Good luck with your trade.