If you have 5-10 years of runway, this is a good time to buy TSLA.
It is no longer a speculation IMHO, as it was when I suggested it as a gamble almost 10 years ago.
So for friends on this board who are interested, it made sense to share this thought.
Based on the strong margins, small debt, backlog of orders, lock down of nickel resources, expected revenue and skinflintedness of the management, there is a case thst the company will double by 2026.
Anybody goong to Omaha for the AM?
Thanks for sharing. I recall when you first started posting about Tesla. I started buying their stock and my first car back in 2015, after you if memory serves.
I own two Teslas cars now and have had a total four. I sold 60 percent of my stock but still have a material position relative to my net worth.
I initially, about three years ago, underestimated how profitable Tesla could be and that was why I sold some of my stock at a very large gain. My updated estimates would seem too high to most people but I am beginning to believe them. What the Tesla team are achieving is historic and amazing.
Tesla plans to continue growing vehicle deliveries at 50% annual growth rates through 2030 and, very importantly, they are only spending very modest levels of capital, $5-7 billion a year. The result is very rare, the ultimate combo-platter for a business - industry-leading profit margins plus industry-leading growth.
Thanks for sharing oakgrove.
We are fortunate to be able to ride this shift to sustainable transport, if we choose to.