- Tesla’s stock has gone up 10 times in the last 5 years which is a wonderful performance for an unprofitable company.
- It’s very difficult to calculate the future cash flows, but factoring in increased competition hardly justifies the current market capitalization.
- Tesla is perhaps a once in a life-time investment where the profitability, return on investment, dividends, etc., don’t matter at all. All that matters is to make this a better world and for you to become part of history!
Tesla (Nasdaq: TSLA) is clearly the most exciting stock and company in the current market.
I really admire Elon Musk, both for what he has done and for what he is trying to do. However, admiration and excitement aren’t the best fundamental indicators to make an investment on.
Today we’ll discuss common sense investing, which should be the process of attaching a number (fair stock price) to the probabilities of various outcomes, and ‘change the world’ investing where anything is possible. More →