At just below $800, it's at the price it was on October last year. Except this month we have a gigafactory coming online and a second gigafactory next month. They're also surpassing analyst expectations on earnings and deliveries every single quarter. Q1 will be no exception.
Current gas prices have only accelerated the demand for Teslas, and will likely continue to. Tesla can freely raise their prices and still sell every vehicle they make.
And if that's not enough, we have Full Self Driving to look forward to. You can doubt whether it'll come this year or next year, but when it comes it'll revolutionize transportation. We're not talking robotaxis like Waymo that are restricted to San Francisco. We're talking robotaxis that can think dynamically in every driving environment, without it needing to be pre-mapped. Given the feedback from beta testers, it's advancing very quickly, and yes it could meet human driving expertise this year. And the stock price will experience a massive ralley as result.
FSD may or may not come this year, but given that Tesla is an absolutely solid company growing over 80% each year, when it's expected to grow 50%, it simply has the best risk/reward ratio out of any company you could buy. It's a reliable bet with a huge boom on the horizon.
It seems crazy to me not to own even a little Tesla.
Leave a Reply