adiggs
Well-Known Member
I don't know what it will take for them to change their minds. I assume that after a large Q3 profit they will say it was a one time fluke. After even larger Q4 profits they will say that Tesla still has lost more money than they have made the last year. After huge Q1 profits they will say that Tesla still have lost more money than they have done since IPO even though they have had a monopoly and soon the real car manufacturers will come ear their pie. After another big Q2 profit they will say that Tesla is still overvalued.
I have seen so many moving of goal posts. I now expect to have to hold my shares for a very long time and be told how wrong I was, but I still think it is a good and correct investment that eventually will make me rich. I can stay rational longer than the shorts can stay solvent!
And you could well be right. I've held my core position since Fall '12, from $27 to $380 (with lots of ups and downs along the way), and now back into the high 200's or low 300's. I've been so wrong, so many times, I lose count . Elon was going to destroy the company, the company was going bankrupt, demand was dying, ... it's really amazing how wrong I've been, and how foolish I've been.
(that last bit was sarcasm)