Thursday, July 2, 2020

TESLA, spectacularly wrong again



I know, both my readers are getting tired of my skepticism regarding Tesla stock, and I have been spectacularly wrong in thinking that the stock might go down in price. Instead, it is up over 50% this year and:

“Tesla is now more valuable than Honda, Ferrari, BMW, GM, Nikola, and Nissan...combined. Some more perspective: Tesla produced about 103,000 vehicles in Q1—Toyota made 2.4 million over the same three months.” Source, Morning Brew

The market has now been puzzling me for most of my 75 years.

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