Admiral Adama said:
RafterAg223 said:
OP is clearly an economic illiterate and thinks that everything runs on feels. I'll bookmark this and come back to it in about a year after I've made a ton of money loading up on TSLA at fire sale prices.
This post also reeks of economic illiteracy that is using the feels of flexing on the OP to make a bad investment decision. I wouldn't touch Tesla right now, except as part of a well diversified portfolio. Do you know some thing about how Tesla will justify their revenue growth to support the current valuation that the rest of don't?
Do what you like I'm buying bit by bit. That said, you clearly don't understand TSLA is not a car manufacturer, they are an energy company focused on electrical power generation and storage with a hefty dose of software development. They are the next generation GE. They've exceled at everything they've done, and I'm willing to bet they will continue to do so.
BTW, diversification renders you the average market return, may as well do an ETF.!
That's why I'm buying...It's dawned on me that the best sector to be in for the foreseeable future is energy, both electric and hydrocarbon. I don't care what you say, we are not going to stop producing oil, it can't be replaced by biofuels for any meaningful manufacturing and fertilizer production for a long while. But you also see the emergence of electrical power permeating every sector of the economy already powered by some form of hydrocarbon. They (whoever they maybe) are driving us in this direction, may as well profit from it.
It's like when one of my clients wants to do a LEED project. I always tell them, okay, building code already demands you meet energy code, we can increase the performance simply by design and specification, but the costs are going to rise beyond the most cost-effective means, but you want me to document this for your LEED Certification, the fee will go up thirty percent just for the paperwork. First thing they say is "hmmm, let me think about it".
