Back in April during the early pandemic dip, I bought some shares in Tesla and watched them skyrocket. Sold a good chunk of the shares and watched them double a

Back in April during the early pandemic dip, I bought some shares in Tesla and watched them skyrocket. Sold a good chunk of the shares and watched them double again. I owned Tesla previously at around $200/ share and regrettably sold those shares. Tesla is tough to value, but I hang onto my shares for a few reasons. #1 I've profited enough that I've been able to cash out my original stake. Right now any investment in Tesla is house money. #2 Tesla is in a fairly unique position to gain from a lot of strong trends right now. Electric cars are just part of it. Tesla has their hands in a lot of the technology required for green power. Energy storage, solar, Tesla has their hands in it all. We're at the beginning of the curve on almost all of these technologies and Tesla has a pretty strong competitive advantage. #3 Elon Musk. I'm not a fan of many of the things he says and does, but he seems to have a talent for coming out on top and being ahead of the technology curve. I would honestly prefer owning SpaceX to Tesla, but since Tesla is the only Musk company which is public, I'm content with a piece of it. #4 Cars. The idea that VW/ GM/ Ford would leap frog Tesla once they started competing hasn't happened. Almost all the Tesla competitors either have far lower ranges, higher prices, or sometimes both. I have no idea if Tesla is worth 1/3 of what the rest of the auto industry is worth. But a giant chunk of auto industry infrastructure is going to be obsolete within the next 30 years even as Tesla is perched to continue growing so perhaps this isn't too odd.