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Reply to "Is $TSLA a buy here?"
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[quote=Anonymous][quote] Anonymous wrote: People have run the numbers. With FSD and robo taxis there will be many people who don't buy cars and who call up a robotaxi. Right now there are no earnings from this business, but you could reasonably expect a pretty good pile of earnings from this in maybe about 2 years. That could halve the P/E or even more. Plus lots of people view Tesla as a long term hold (10+ years). You are placing bets about what is going to happen in the future. Who will be the competition? If you put $$ into Tesla in 2015, you have made about 20 times what you put in. People see this as a visionary company. People snickered in 2015 about Tesla and EVs (and now look at how the whole world is going to EVs). I would not bet against Tesla. https://en.wikipedia.org/wiki/List_of_predict...ehicles_by_Elon_Musk[/quote] Okay, but I said it is a long term investment (10+ years) so maybe my 2 year statement was a bit early. That said, it makes progress . . . maybe slower than people would like, but it's progressing. [/quote]
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