Reply to Is $TSLA a buy here?

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Reply to "Is $TSLA a buy here?"

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[quote=Anonymous][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. 
[/quote]

No tesla is a hard sell. It is no way a buy specially long term. The Chinese EVs are just too far ahead of Tesla. The battery technology, recharge times, software, cost to build, future developments, market size, etc all favor the Chinese manufacturers. Tesla has not implemented any innovations. Tesla is pushing a design that is over ten years old with nothing in the pipeline.

Everything Tesla points to as things they are going to do is already being done in China. Chinese already have electric semitrucks in service.

Do your own research. [/quote]

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