EVDRIVER said:
I wonder how many people on this thread own Tesla shares and have done very with it and how many have none. I can guess who might and might not pretty well based on the comments and misinformation. It's a pretty easy stock to follow and there are plenty of indicators and issues to watch. People that paid attention (not just expected it to go up) could have made enough to buy a M3 and actually see why the company is doing well and not have to worry about crappy charge networks and range issues.
Since you are making this personal I'll respond in kind. I mostly buy index funds, not individual stocks.
Actually considered buying some TSLA at about $25. Considered it a lottery ticket. Almost surely worthless. Or wild payout. Almost nothing between.
Still is a lottery ticket. Price is higher, odds are better. TSLA is still one mistake away from bankruptcy. Or one or more of the majors getting a clue. That is going to be true for a while. Might be worth ~5% of S&P500 in 10 years, another 10X gain. Or $0. Pays your money, picks your horses.
I can't deal with a M3 due to family physical issues. Only Tesla car I could consider is the X. The E-Tron is a better choice for me. Can't do some road trips, but for various reasons not related to charge networks those are unlikely at best.