💥WHY I HAVE OVER $1 MILLION IN $TSLA STOCK💥
Tesla's price may seem out of whack today. The P/E Ratio is insane, right?
But Amazon had similar P/E ratios back in 2014 and 3X higher in 2012. Look at where $AMZN is today.
(1/25)
$TSLA is my #1 stock because I am looking 5+ years out from today and basing my investment on that. Many people aren't doing that. Many people are looking at current or trailing earnings and comparing them to other vehicle makers.
(2/25)
And yes, I do fully expect there to be some major price pullback -- maybe even a short 30 to 50% drop in $TSLA price at some point, but over the long run, I think it goes way up.
(3/25)
That said, I also believe many Gen Z (and soon, Gen Alpha) will not care about old-school fundamentals and will be investing in companies that fit their beliefs, regardless of the stock price. That aside, let me focus on why I like it...
(4/25)
Here's what I see 5 years from now, in the year 2026:
Level 5 FSD (Full self-driving) #Tesla at way safer levels than humans (5X, 10x SAFER?) I'll buy these for my elderly parents. You'll essentially be able to sleep in your car while it drives you to your destination.
(5/25)