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?
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?