But what your thought on becoming Teslanaires for someone just found out about Tesla and start investing in Tesla post s&p500 inclusion?
From my point of view it's obviously harder today than it has been previously, but my own investment thesis on Tesla says that $4k - $8k/share by 2030 (10x from here) is just about inevitable. I've seen people with business cases that lands at $10k by then. Ron Baron (of Baron Funds) has been telling people when interviewed that he sees Tesla as a $1T REVENUE/year company by 2030. If that's 10% net income, then that's $100B profit per year. For 1B shares, that's $100/share EPS. At a 100PE, that's $10k share price (I consider that reasonable for a company with the growth we're seeing)
See - I just talked my way into a $10k share price
It's a combination of the size of the markets that Tesla is addressing, plus the mega shift to a renewable energy economy with Tesla the #1 biggest and most aggressive company in the center of that. Elon has previously made it clear that he sees the energy business as bigger than the car business some day. Pretty sure it grew faster in Q4 than the car business. Kind of freaky when the comparison is growing 50%+.
That's a purely buy and hold perspective. I just held and focused on the investment thesis. It was 10+ years back in 2012, and today it's 10+ years. People have levered up via call options and done better. Others have tried the same and done worse (there's a tendency to hear about the former, and not the latter).
It's also my stance that the time to buy is now. Many people over the last 8 years have asked me about whether to buy Tesla at <wherever we were at, at the time>. I've told them all that now is the time. Pretty much nobody has done so, with some of them coming back later to say they goofed.
I take that advice myself - I added 100 shares a month ago at $730ish, and another 100 shares more recently at $850 (I also already have "enough" - these are more trading shares, so maybe that doesn't really count - the rest of my shares are <$100).