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I agree with the other comment, great post! Tesla is doing amazing work (and I'm a fan, owner, shareholder, yada yada) but the stock price currently is disconne
by electriclove 7y ago
I agree with the other comment, great post! Tesla is doing amazing work (and I'm a fan, owner, shareholder, yada yada) but the stock price currently is disconnected from fundamentals. That said, it could definitely continue to stay disconnected from fundamentals for a very long time. I believe Tesla will only show modest profits for the near future. They are going to continue reinvesting to push out more product lines (Cybertruck, Semi, ??) and that will take time. Their mission is not to make the most money. Their mission is to accelerate the move to EVs and solar. They'll show some modest profits, hopefully get added to the S&P 500, and maybe the stock will become less volatile.