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la-tsla-fan

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la-tsla-fan

Re: Prudent Capitalist post# 20112

Tuesday, 05/21/2019 2:12:07 PM

Tuesday, May 21, 2019 2:12:07 PM

Post# of 85841
As I stated in a prior post, the stock is definitely overvalued based on FORESEEABLE earnings streams. BUT just ask yourself how many of Amazon's income streams were foreseen 5-10 years ago. Heck, their #1 income producer (AWS) did not become a significant factor until 2015.

Current weakness in TSLA is based on reduced demand expectation. Given the fact that the number of owners of the amazing Tesla cars is getting closer to a critical mass (in the last two years alone, FOUR people in my orbit have acquired Tesla), I see nothing but greatness for this company. In 10 years, car sales may be just a footnote in the earnings statement.

Who knows?
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