Thursday, August 20, 2020

Tesla

On November 22nd 2015 I suggested to many of my good friends and colleagues to buy Tesla stock. Because it was just too cheap. Only one of my friends listened to me and today he is very thankful. Unfortunately, I sold my shares some time ago... I contacted my friend and told him he should exit his position immediately... With almost 1200% ROI in under 5 years, he was more than happy to take my advice. At $370 billion market cap, I just don't see any justification for this company to be valued that much. Even great companies like Tesla led by great leaders like Elon Musk can end up as bubbles. 


DK