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Just want to re-iterate that car companies tend to be terrible investments with their cyclical nature, high fixed costs and high capital intensity. The only re
by daft_pink 1y ago
Just want to re-iterate that car companies tend to be terrible investments with their cyclical nature, high fixed costs and high capital intensity.
The only reason you would invest in a company like Tesla at this price is because they have a CEO capable of 10x that is aggressively moving into other markets and not because you think they should become a docile car company and fix a few small things here and there.
I’m an investor because I want to see them go into semi’s and automation etc.