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As in, as far as I can tell, maybe like 1 month in 2015 to now would get you superior returns to the S&P, with like, 3x the volatility. Unless you bought Tesl
by gimmeThaBeet 7y ago
As in, as far as I can tell, maybe like 1 month in 2015 to now would get you superior returns to the S&P, with like, 3x the volatility.
Unless you bought Tesla before like, 2013, the returns(especially risk-adjusted) in general are not great.
That definitely grinds my gears a bit when it comes to Tesla. The cars are fantastic, but the equity isn't quite the product. You can dismiss the haters, but that volatility is pretty intrinsic to Tesla.
They're doing a lot of great things, but that alone does not a great investment make, and I think that doesn't get discussed very honestly.
One thing it does have going for it, very low correlation.