Mileage Psycho Posted March 27, 2020 Share Posted March 27, 2020 Take a listen, I'm sure @DriftBusta knows of Cathie Wood, and if you're interested she has an awesome ETF symbol ARKK. 2 Quote Link to comment Share on other sites More sharing options...
Mainecat Posted March 27, 2020 Share Posted March 27, 2020 I would look to Tesla as well after Ford and GM are not on their scheduled EV plans. Quote Link to comment Share on other sites More sharing options...
Rod Posted March 27, 2020 Share Posted March 27, 2020 I like Tesla stock too. Never bet against the stupidity of citiots Quote Link to comment Share on other sites More sharing options...
teamgreen02 Posted March 27, 2020 Share Posted March 27, 2020 (edited) 24 minutes ago, Mileage Psycho said: Take a listen, I'm sure @DriftBusta knows of Cathie Wood, and if you're interested she has an awesome ETF symbol ARKK. I wasn't and haven't been a big fan of Tesla from the beginning but starting to come around to it now that they are actually shipping cars. As she says, their battery and autonomous technology is light years ahead of the major auto manufacturers. Agree with her that margins will be better for Tesla, especially on the added software. I'm sure they have made their moves already and trying to pump the stock up so take $7000 with a grain of salt. Betting against Elon isn't a smart decision right now. Tesla is in it for the long haul. Edited March 27, 2020 by teamgreen02 Quote Link to comment Share on other sites More sharing options...
Rod Posted March 27, 2020 Share Posted March 27, 2020 GM just patented a battery tech that make Tesla obsolete btw Quote Link to comment Share on other sites More sharing options...
Mileage Psycho Posted March 27, 2020 Author Share Posted March 27, 2020 15 minutes ago, teamgreen02 said: I wasn't and haven't been a big fan of Tesla from the beginning but starting to come around to it now that they are actually shipping cars. As she says, their battery and autonomous technology is light years ahead of the major auto manufacturers. Agree with her that margins will be better for Tesla, especially on the added software. I'm sure they have made their moves already and trying to pump the stock up so take $7000 with a grain of salt. Betting against Elon isn't a smart decision right now. Tesla is in it for the long haul. 700,000 cars on the road have been collecting data, no one has that amount of information, and that is huge. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted March 27, 2020 Platinum Contributing Member Share Posted March 27, 2020 (edited) 34 minutes ago, ACE said: I like Tesla stock too. Never bet against the stupidity of citiots Yep. Just look at the early financial performance of Amazon. Lost money like mad and people bought it like gangbusters simply because they liked the service. Edited March 27, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
Mileage Psycho Posted March 27, 2020 Author Share Posted March 27, 2020 50 minutes ago, Highmark said: Yep. Just look at the early financial performance of Amazon. Lost money like mad and people bought it like gangbusters simply because they liked the service. Imagine that. Automonous taxis will be here before you know it, did you listen to the whole segment with Cathie? Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Highmark Posted March 27, 2020 Platinum Contributing Member Share Posted March 27, 2020 (edited) Just now, Mileage Psycho said: Imagine that. Automonous taxis will be here before you know it, did you listen to the whole segment with Cathie? Define "before you know it." I don't think many will be on the road in 5 years. Didn't but Iooked into her ETF. Thanks! Edited March 27, 2020 by Highmark Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted March 27, 2020 Share Posted March 27, 2020 1 hour ago, Mileage Psycho said: Take a listen, I'm sure @DriftBusta knows of Cathie Wood, and if you're interested she has an awesome ETF symbol ARKK. I haven’t, but that doesn’t mean much, Our focus is on retirement planning, long term buy and hold strategies, and Tesla is still a company that isn’t even profitable yet. We don’t have a rating on it and Morningstar only gives it 1 star. That said, I like Tesla and think it will be one of those stocks you’re glad you bought 10 years from now. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.