TSLA is always a long for me!

8 Nis 2021

Most people don't know how to evaluate a company. They take one good look at Tesla and think because the PE ratio is high that Tesla should be given the corporate pariah status. Tesla is much more than just a car company, it's an energy company and a software company. I also keep hearing people say that Tesla's competition is coming. They use GM, Ford, Hummer and other ICE vehicles manufacturers in order to perpetuate this false narrative that Tesla will reach a detrimental phase. While its true that these ICE vehicles companies are transitioning to electric vehicles it doesn't necessarily mean that they will be profitable. Let's not forget that Tesla is the only Electric vehicle manufacturer that has actually turned a profit. What's more, the so called "competition"
has only released proof of concepts and models to showcase what's to come and some of these cars are only coming out in 10 years. The only true competitor for the vehicle segment of Tesla is teleportation. I'm always long Tesla.


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