Stocks to Buy based on the Best Stock Market Research
Shares of Tesla (TSLA) are breaking out again today and after the latest earnings report, many believe this stock is the next Apple (AAPL). There are a lot of hurdles to cross but Elon Musk seems destined to achieve even greater things than Steve Jobs. Musk owns a large stake in the company and has never sold a single share. This is quite different than Steve Jobs because Jobs didn't own many shares early on and continued to sell on the way up.
Tesla stock may have already left the station with a massive short squeeze to come. Like Amazon, as soon as they stop investing so much money, they will reap massive profits. Expect the Model 3 to ramp up huge production into 2018 with many more products to be announced. Just wait until you see a autonomous Tesla vehicle drive down the road with no driver. You will flip out!
Tesla plans to tackle many more products down the road from big rig trucks to possibly a pickup truck. The solar roofs will be a no-brainer in a few years because they look incredible and it will save you a lot of money on utilities.
We can only hope for another big dip in Tesla (TSLA) stock but one of my charts says shares are heading to $435. Short sellers have been wrong since $70. Tesla is a technology company that produces cars. They are a software company that produces hardware. Strong buy below $300 for the long term.
Replies to This Discussion
Tesla beat Lamborghini in race by one sec.
Tesla Big Rig truck announcement set for September 28, 2017 (a legit announcement, not like the imitators with concept trucks that can only get 70 miles per charge). Tesla has the best battery tech in the world and they are the largest buyer of lithium.
Tesla had a tiny bottleneck with model 3 production in a small sample of the 3rd quarter. While they only built 260 model 3 vehicles in Q3, Tesla will be building 10,000 per week at some point in late 2018. The manufacturing S-Curve will ramp up fast in 2018 so small setbacks from quarter to quarter are not important. Musk says investors should have zero doubt that by the end of 2018, they will be producing 10,000 Model 3 cars per week.