Reply to Is $TSLA a buy here?

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Reply to "Is $TSLA a buy here?"

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[quote=Anonymous]You need to look into the future. The people under 30 years old have been brought up under “green washing”: we are killing the planet because of the combustion engine.

When these climate-frightened people take the reins of power, they will mandate that all non-military government vehicles be electric. They are very likely to mandate this for everyone.

We have seen this with initiatives in California.

Tesla will survive because it has built a good foundation to capitalize on the EV market. Whether it will be the leader or a competitor is yet to be seen.

One day, Elon Musk will die, or become unable to run Tesla. His replacement could be a genius or run the company into the ground.

So yes, TSLA is a buy if you are looking to hold 20 years, or you are a swing trader trading the news which spikes and sinks this stock often.

Another reason I believe EVs will be mandated is because the government will claim people could use gasoline-based bombs to harm the government, so gasoline needs to be removed from public access. 
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