Just in case anyone cares, I am all in today after the upgrade. The reaction of the stock this morning to this upgrade alone is a strong signal to me of continued high visibility and responsiveness to news of demand for Tesla's products. I had begun to slightly doubt the responsiveness of the stock to positive news, but am now confident about again given the pattern of the last week. And we all know there is much, much more positive news to come.
What this means loosely is that I believe that I/we here *still* have a much better sense than the overall market of the massive demand for Tesla Motors cars that is unlikely to decrease in the near future. As DaveT so aptly put it a while ago, this company is production/supply-constrained for years to come at almost all reasonable projections even without the GenIII car, and that is a MUCH easier problem to solve than a company that is demand-constrained. The company literally takes cash from hungry buyers waiting in line and THEN MAKES THEM A CAR. NO OTHER CAR COMPANY ON THE PLANET can do that. There is so much pent-up demand that, if one assumes even a remotely rational and stable economic climate, this company is literally a cash and profit machine.
So I'm all in. No more cash on the sidelines.
And for the record, my pattern analysis of Washington lawmakers right now points to a less than 1% chance of default, which is the only real macroeconomic force I was worried about in the short / medium term.
Off to the races towards Q3 folks. Get in before more of "them" catch onto us!
Happy investing.
What this means loosely is that I believe that I/we here *still* have a much better sense than the overall market of the massive demand for Tesla Motors cars that is unlikely to decrease in the near future. As DaveT so aptly put it a while ago, this company is production/supply-constrained for years to come at almost all reasonable projections even without the GenIII car, and that is a MUCH easier problem to solve than a company that is demand-constrained. The company literally takes cash from hungry buyers waiting in line and THEN MAKES THEM A CAR. NO OTHER CAR COMPANY ON THE PLANET can do that. There is so much pent-up demand that, if one assumes even a remotely rational and stable economic climate, this company is literally a cash and profit machine.
So I'm all in. No more cash on the sidelines.
And for the record, my pattern analysis of Washington lawmakers right now points to a less than 1% chance of default, which is the only real macroeconomic force I was worried about in the short / medium term.
Off to the races towards Q3 folks. Get in before more of "them" catch onto us!
Happy investing.
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