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I'm mixed on tesla. I bought in when the stock was at ~$50 in 2013 and sold after it jumped to $175. I bought into the company as I was seeing model S's everywh
by subsubzero 6y ago
I'm mixed on tesla. I bought in when the stock was at ~$50 in 2013 and sold after it jumped to $175. I bought into the company as I was seeing model S's everywhere I looked and realized it was a company that was growing rapidly. Fast forward a few years I owned a house that has solarcity(owned by tesla now) panels on the roof, the roof needs to be replaced and dealing with solarcity was probably one of the worst experiences I have ever dealt with in my life. After that experience I wrote off Tesla as a really badly run company and have since never owned their stock. I think alot of the growth is FOMO and extreme hype around the cult of Elon Musk. I like that Musk takes chances and goes for moonshots, we need more of that in todays society. That being said the stock is in stupid territory and I'll be taking a short position myself(I think even Elon thinks its overvalued).