Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Please keep your TDS and your irrational hatred of Musk out of this. But the stock is down 48% from its all-time high!
Even if you acknowledge that Musk has alienated many consumers, he may just as well bring in many new customers (Republicans have bought EVs at much lower rates than Democrats in the past).
More importantly, over time, the best product tends to win. And with the possible exception of some of the Chinese EVs (which will never be sold in the US), Teslas are the best EVs in the world. While there have been some recent reports of lower sales figures, nothing about the product or business has fundamentally changed in the last few months to warrant a 48% decline in share price.
And lastly, Tesla is not even strictly an automobile company anymore. They have lots of innovation in AI and other areas. I dunno, as someone who usually just buys index funds, I’m pretty tempted to load up on $TSLA stock. Thoughts?
Please check back in OP. How is it going?
I bought $30,000 at $230/share. It’s now down slightly to $223/share, but of course, this is a long-term play, so not worried about the fluctuations or if it drops further.
$30,000 is admittedly not a big purchase for me, but this is the first time I’ve purchased an individual stock—and it’s the most I could compel myself to buy.