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.
Sincerely,
jan
:^)
4 Likes
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.
Just saying…
…
Anybody goong to Omaha for the AM?
:^)
1 Like
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.
6 Likes
Thanks for sharing oakgrove.
We are fortunate to be able to ride this shift to sustainable transport, if we choose to.
Sincerely,
jan
:^)
1 Like