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Re: la-tsla-fan post# 63681

Thursday, 03/31/2022 10:57:21 AM

Thursday, March 31, 2022 10:57:21 AM

Post# of 86679
la-tsla-fan
I agree with Your post

1. We have actual products in the EV space.
2. The established players (like TSLA) are making profits.
3. Even though PE ratios in the EV space are astronomical, they appear to be supported by high growth rates.

Here's my problems,
1. How many people can afford to buy a TESLA at current prices.
2. TESLA has hugh plants that require hugh sales to support them.
3. I do not believe that the sales will continue after the initial rush.

On the plus side
1. TESLA is in more areas than just EVs ( grid updates etc)
2.Elon is not a quitter,
3.Could there be a low cost affordable EV on the horizon
4. The truck market could conceiveby support the auto market

For the pluses out weigh the minuses.
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