Why I’m Still All-In on TSLA: Part 1
I’ve been a Tesla investor since 2013, and retired in 2020 after the stock went to the moon. If you haven’t read the first story, here it is.
The next set of articles are the follow up: Why I’m still holding TSLA now and for the future. Note that I am a software engineer and not a finance guy. I will describe my thoughts in terms of high level macro trends and maybe a guestimates. Disclaimer: I’m not a financial advisor. These are just my opinions. Do your own homework, blah blah blah.
Not (Just) A Car Company
This is one of the most common bear arguments on social media, that Tesla’s valuation doesn’t make sense as a car company. Guess what, Tesla isn’t just a car company. With two minutes of research, you can find the videos for Autonomy Day in 2019, Battery Day in 2020, and AI Day in 2021. I know, these videos are long, technical, and boring. But if you have the engineering background to understand the roadmap, you can see clearly that Tesla is a leading manufacturing, energy, and artificial intelligence company. It just so happens that the most visible product they sell right now are cars.