| ▲ | randomNumber7 4 hours ago | |
Yeah, but landing a rocket backwards also sounded very improbable to me, yet it looks pretty cool now. Also people made fun of tesla that it will never be able to compete with the big carmakers. Now I would rather have some stocks in tesla than holding on to volkswagen. | ||
| ▲ | thephyber 28 minutes ago | parent [-] | |
I wouldn’t be so sure about Tesla stock. Tesla has only weathered 1 market downturn cycle and that was when it was a very different company. The company has thus far had access to plentiful capital since the Model S started being delivered. Famous investors like to repeat the quote that “when the tide goes out, that’s when we find out who’s wearing no pants.” When Tesla actually weathers its first market downturn is when we find out how much investors interest is maintained When investment dollars are scarce. | ||