Tesla Motors Club
Of course past gains are no indication of future results...I know, I know....
Anyway, this is a fun question (in my mind). What's the better choice? Part of me is wondering if I should NOT choose the LR model and just buy stock instead, then use the (hopefully) proceeds to buy a better 2nd gen Model 3! Weigh in your opinion on the future of Tesla stock vs buying the $9K long range upgrade.
Choice 1:
PS - Please avoid the standard derogatory comments about how cars aren't investments, etc.
Anyway, this is a fun question (in my mind). What's the better choice? Part of me is wondering if I should NOT choose the LR model and just buy stock instead, then use the (hopefully) proceeds to buy a better 2nd gen Model 3! Weigh in your opinion on the future of Tesla stock vs buying the $9K long range upgrade.
Choice 1:
- Buy Long range model for $44K
- Sell vehicle in 10 years
- Assume standard 12K/yr to make things easy
- Buy Base model for $35K
- Buy $9K worth of TSLA
- Sell both in 5 years
- Buy new comparably equipped gen Model 3 (with NO $7,500 Federal Tax credit!)
- Sell vehicle in 5 years
- Assume standard 12K/yr to make things easy
PS - Please avoid the standard derogatory comments about how cars aren't investments, etc.