Robinhood APP - Time To Trust Elon Musk and Tesla BUY?
I bought the year before Apple's iPhone debuted in July 2006 at a pre-split price of 60 and 83 I bought Tesla NASDAQ TSLA about 18 months before the Model S.
It was November 2010, less than five months after the initial public offering of 17 Tesla Action by price, bringing about $ 225 million to help fund the development of Model S 29 23 While I paid was slightly higher than the offering price, it's very well in almost seven years, as I maintain the position so far yesterday Tesla slapped a new record surpassing the record before about 291 in September 2014 and set the price exceeding 30 292 which technically represents my threshold of 10 bagger stocks territory continued to be published today.
My original trade confirmation Tesla Source Author image.
Don t get me wrong Like most investors, my investment career is littered with as many mistakes as successful, if not more, but in the current climate of active trading and years of debate around the death of the investment buy-and-hold, a small party is for long-term investment can still pay.
I won t claim to have had an insightful epiphany in 2010 regarding the future of electric cars; I was a stockbroker naive at the beginning of my career in environmental finance, my wife and I just thought worth supporting Tesla In other words, we have been lucky to some extent, at least initially it is notably more difficult to have the discipline to maintain such a position, especially given the volatility of equities and Tesla polarizing nature.
What's most important, however, is what comes next it's an endless debate on the evaluation of Tesla, as the market capitalization of the company has surpassed Ford's approach and now Ford GM sold 7,000,000 vehicles 6 last year, while GM sold 10 million; both are solidly profitable.
Tesla has delivered 76,000 vehicles in 2016, losing 773 million in the process These often made and rightly confounded analysts, investors and experts from both industry hardly a day goes by without someone claiming Tesla is overvalued, which is difficult to challenge using tRADITIONAL evaluation measures CEO Elon Musk said today on social media, evaluation is more about the future is the past.
ForIn2020 MIMS defcon_5 Exactly Walt Mossberg Tesla is absurdly overvalued if it is based on the past, but that art irrelevant a course represents the cash flow risk adjusted.
Much of the valuation of stocks is fundamentally based on a similar analysis Tesla makes cars, so the tendency is to compare the automakers However, Tesla similarities in there late Tesla automotive industry as an energy company because it is a car company he works on battery technology for years thanks to its partnership with Panasonic and stepping directly into the solar industry with the 2016 acquisition of sister company SolarCity is more vertically integrated than traditional automakers, especially regarding the integration of hardware and software it uses a direct model for sales and support, avoiding the dilapidated distributor model Needless to say that Tesla propulsion uses a technology completely different to power their vehicles that are only a few differences, m ais they outnumber the similarities easily.
This says nothing about whether or not these differences ultimately be beneficial or not only time will answer these questions The point is that Tesla is an amalgam of the automobile, technology, and energy companies and there is a shortage of comparable peers nearest company that comes to mind is China BYD means build your dreams famous Warren Buffett invested years ago BYD BYD is the only other company that produces remarkable electric cars, storage battery and solar panels.
But even then the comparison falls short Beyond electric vehicles, BYD also offers products such as buses, forklifts and commercial trucks, which are even electric on the market for passenger cars, BYD aims segment middle more affordable range instead of luxury vehicles Moreover, BYD operates in a geopolitical environment halfway quite different around the world.
BYD is also much in terms of revenue May 14 billion in 2016, but also cost 733 million in 2016. For reference, BYD is trading at about 1 2 times sales, significantly lower at 6 9 multiple P S Tesla.
It's official Tesla is my second 10Bagger Stock Markets, tesla, stocks.