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 wrote:

The fight is going to be long and tough so if you have Tesla stock you need to hang in there for the long term. Electric cars and solar are the future. It has been very successful so far and a few quarters of decline in sales are not going to be the end of the world for it. The stock market is fickle.

Tesla stock was always a meme stock, even after these large drops its PE is 156.

Its solar business is unprofitable, that’s why Solar City went bankrupt and Musk bailed out his cousin.

Electric cars may be the future, but there is 50 years of oil available at current rates, and with advancements in hybrid technology and oil shale extraction it can easily go to 100.

[b]We may develop a synthetic fuel generated from electrical sources, which may provide higher energy density and faster refueling than batteries.[/b]

Tesla has been a high flying stock because of Musk, and while the Musk Meme Bros are hanging on, he is really jeopardizing it.[/quote]

Do you have a link for this and how long will it take to develop?[/quote]

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