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(Disclaimer: I only buy tech stock with the money I truly don't need - I essentially see it as a lottery for nerds. My savings/retirement planning/etc. go in mo
by GuiA 12y ago
(Disclaimer: I only buy tech stock with the money I truly don't need - I essentially see it as a lottery for nerds. My savings/retirement planning/etc. go in more traditional places)
I feel like Tesla might be worth it for the very long term. (again, I buy technology stock with the intent of not looking at it for 20 years)
A grid of electric self driving cars seems to be a pretty likely human future for large metropolises by 2050, and Tesla is in a good position to have a solid lead and be the Microsoft of their industry. Imagine if all of Tokyo, NYC, Beijing, etc. were traveled solely by electric autonomous cars and Tesla operated most of them.
Tesla will be to General Motors what Apple is to IBM in terms of revenue and cultural impact.
- toomuchtodo 12y agoI'd like to second this, and by that, I mean scream it from a rooftop. As /u/GuiA says, "I feel like Tesla might be worth it in the long term." Tesla isn't going to be Apple in my opinion though, they're going to be Google for mobility and energy storage. If you're an automaker who isn't stupid enough to go after fuel-cells, you're going to need automotive cells, and Tesla will be waiting to sell those cells to everyone. Renewables continue to deploy at an increasing rate, but base load is still a problem. Would you rather install new nuclear or combined cycle natural gas plants? Or lithium (ion, polymer, whatever) cells stacked in cargo containers at critical power grid locations to smooth out supply and demand? Tesla will be there to sell you those too, as well as the battery packs for your home (made from repurposed Tesla vehicle packs that are no longer feasible for mobility, but are just fine for stationary applications).
- chatmasta 12y agoYep, same. I invested in Tesla last year and have already doubled. I have no intention of selling. I'm holding on for the very long term and reinvesting. The future of Tesla goes beyond just cars. They're going to control the entire electricity grid. They will control all the "supernodes" -- charging stations and battery factories -- and SolarCity, an obvious partner, will control a lot of residential nodes as well. Tesla will leverage this infrastructure to provide cheaper electricity service, by efficient routing of electrons due to the ability to store energy in the supernodes. As I seee it, Tesla is building "the internet of electricity." Given that, TSLA is undervalued by orders of magnitude.