does Amazon sell cars with low profit margins?
my point isnt that TSLA stock is bad, my point is why commit new capital to this stock above $600 post split.
the real money play is buying up stocks in companies that will support whatever kind of transition from ICE to EV is needed in terms of infrastructural changes.
do you know how much energy will be needed to be produced for charging stations?
do you know how much plastic is used per EV?
Do you know important rubbers, fiber glass, plexiglass etc are?
do you know how much steel is needed for the manufacturing of charging stations?
what kind of raw materials do you think it takes to even build charging stations at a mass scale?
you think there are power outages now or rolling black outs now, just wait until millions of people are using charging stations and get hit with rolling black outs.
you know how much natural gas and other fossil fuels are still needed to power such energy production?
so and and so forth.
there will be stocks that will be 10x, 25x, 50x, 100x + from here while you put money into a somewhat DEAD MONEY play at these current levels
and guess what--I will leave you to figure that out on your own ;)
"I AM THE ROCKS OF THE ETERNAL SHORE, CRASH UPON ME AND BE BROKEN."
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