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by ogre_codes 2140 days ago
I honestly don't know. I owned it briefly a while ago and got scared off, only to buy back in recently... and watch it double. Right now Tesla is priced as if it was the most successful auto company in the world. I'm a little skeptical they are going to get much bigger than VW is so it's tough to see them doubling again, but maybe? I think after the split plays out, I'll likely trim my position back a bit.

I will say Tesla seems to have a pretty large competitive advantage (and perception advantage) in the market right now. It also seems like they are paying quite a bit less for batteries at the moment than anyone else.

Most Tesla competitors are announcing future vehicles with pricing and range competitive with Tesla's current vehicles, which suggests to me those same competitors are about 18-36 months behind Tesla still.

It seems clear to me anyhow that in next 20 years most new cars will be electric. How big a chunk of the market can Tesla carve out before the rest of the competition finally catches up?

Definitely my most speculative non-options stock.