Wednesday, April 18, 2018 9:23:05 PM
TSLA has entrenched competition, it has to develop new technologies, their margins suck nuts, they have these crazy supply chains, and just absolutely crazy working capital requirements.....
meanwhile Canopy Growth Corp is the leader of a new industry, the technology necessary (agriculture) is the defining technology of our species, and our margins are fat, the need light bulbs and dirt to get the job done.
I mean I have no idea how many tens of billions in revenue TSLA needs to turn a little profit, but I do know that Canopy Growth Corp needs revenues measured in the hundreds of millions to start really profiting...
all that being said - Tesla is my favorite corporation on the planet, I invested in them briefly during the Solar City merger, i took the ride between $180 and $240 or so, but in the end I realized that the chances or major gains are much better with WEED.
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