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re: Tesla - Buy or Sell?

Posted on 5/10/13 at 11:46 pm to
Posted by Tigah in the ATL
Atlanta
Member since Feb 2005
27539 posts
Posted on 5/10/13 at 11:46 pm to
quote:

I think that technically he simply says that he doesn't because it's part of his larger philosophy of not investing in things that he doesn't understand.
he specifically has said that emerging technologies are capital killers.

Far more losers than winners in automobiles, for example. If you picked Ford you did great. Packard not so much. Same for airplanes, trains, computers, etc.

There may be electric car companies one day. Only time will tell if Tesla is one of them.

ETA: I met a guy last week who has the sedan.
This post was edited on 5/10/13 at 11:47 pm
Posted by HortensePowdermaker
Member since Feb 2013
696 posts
Posted on 9/23/13 at 11:32 am to
quote:

There may be electric car companies one day. Only time will tell if Tesla is one of them.


And there will be big competition from BMW and the like. I think that plug-in cars are here to stay and a lot of us will be buying them in the next 10 years. What's much less clear is if Tesla will be good at doing so. I say do not invest in this type of stuff.
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