Quote:
Originally Posted by pornguy
Any thoughts on all the new competition and how it will effect Tesla. I mean Its good and bad to have competitors. But will the stocks hold as high as they are or will the settle down some.
|
I am holding. At least the ones I have now as I sold off half when they were at $1650.
Tesla is more than just cars, they are GigaFactories, Solar panel roofs, wall chargers and a whole world wide network of super chargers. But their real value is actually in the software.
Look at VW, they have a whole "Tesla killer" range of electric cars lined up, yet a few month before they should hit the market, they fire their top guy that's heading up their software division.
They are all years behind on the software side and the same goes for battery.
I don't like to speculate on where the stock goes, you are almost never right. Personally I just look at fundamentals, then at what I spend my money on (that way I at least support my own holdings) and then at unicorns like Tesla. But I would expect them to go to previous levels in 6-12 months.
Battery day will decide how fast it goes
