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re: Tesla - Buy or Sell?
Posted on 5/10/13 at 11:46 pm to Walking the Earth
Posted on 5/10/13 at 11:46 pm to Walking the Earth
quote:he specifically has said that emerging technologies are capital killers.
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.
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 on 9/23/13 at 11:32 am to Tigah in the ATL
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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