buy TSLA stock or Model 3?

[Remus]

I recently bought a Prius Prime, my first foray into the world of EV. Now I understand the addictive nature of driving an electric vehicle. I don't like it when I run out of EV range on the Prius and it switches to the ICE, it's just a feeling that you don't want to go back to.

I was considering selling the Prius and instead buying a Model 3. However, I'm also considering keeping the Prius and spending the difference on buying TSLA stock for a long term hold - dollar cost averaging in over time.

I am leaning more towards buying the TSLA stock, as it a given that the Model 3 will eventually depreciate over time. I don't really "need" a Model 3, the 35 miles of EV range on the Prius does meet most of my commuting needs. The potential upside of stock, is certainly greater than buying a car, even though the price of stock can certainly go down too.

Anyone else doing the same?

Definitely the car. The car is a marval! , your model 3 will become part of you! Seriously!

Everyone talks about instant acceleration, not everyone understand what it means. The accelaration and the regeneration braking -- result is the car reacts to your pressure change on your foot in an instant and consistent manner, over time forming a tight feedback loop between the car's speed and your subconscious, and you feel like the car respond to your thoughts directly, you become a cyberorg.

I've owned a leaf for three years, not even close. As the BMW before that, it has a mind of it own and I have to negotiate with it when driving. Exhausting.

Go buy the car and experience the future. After all you only live once.

 

[jeewee3000]

1) Buy stock now for about $60k
2) Sell half your stock in 12 months
3) Buy a model 3 with the proceeds
4) You now have both!

 

[R.S]

1) Buy stock now for about $60k
2) Sell half your stock in 12 months
3) Buy a model 3 with the proceeds
4) You now have both!

Or not. That's the problem with investing, if Tesla stock would surely increase 100% over the next year, everyone would buy it right now.
If you had bought 175 shares a year ago for about $65k, you'd not be able to afford any Tesla right now with that money, right now (without tax incentives of course).

If you had invested in something that matches the S&P 500 index, you could afford a nice red performance Model 3, with the performance upgrade, EAP and 20" wheels.

In general I'd say I would never treat investment in a single stock as secure money. It's always gambling money. If you want to gamble and you make some money with it, you can buy yourself a nice car from it. But don't be surprised if you don't make the earnings you are hoping for.

Someone in this thread thought, that saying the going private deal might fail is FUD and it will definitely happen. I hope he wasn't banking on that money.

If you go to a casino in the hope of leaving with more money than you came with you're stupid, the same is true for the stock market. Sure you can make some good money, just don't expect it to happen.