Replies to post #513438 on Billionaire Boys Club Member Forum (BBCMF)

[mick]

$TSLA TESLA BENEFITS FROM ELECTRIC VEHICLE DEMAND
As we anticipated, Tesla hit $1,000. I believe even bigger gains are coming for Tesla. I don’t know if it will get to $2,000, but it can get higher than $1,000 for sure. Then he had an announcement about the next leg.

It was a tough ride for a while for Tesla, but now reality is starting to set in in the stock market. They are not going to go bankrupt. They have a great electric car business. They have a great autonomous software business. They have a great battery business.

The Model Ys are being delivered now. They just announced there’s huge development in their semi-truck, which would be the first all-electric semi-truck on the road. That’s huge for the trucking industry. They have their Cyrbertruck coming out next year, I think they said late 2021.

Most importantly, the whole lockdown didn’t really push back their business at all. It didn’t really delay anything by more than a week or two. In the big scheme of things, they have been on it. They haven’t been affected by this. We are going to see their numbers continue to be strong.

The battery business, the car business, the software business, the solar business. I’ve been getting invitations to put their Powerwall up. I stupidly installed solar and didn’t wait another year. I have a battery from a competitor. I can tell you I really wish I had the Tesla product.

It allows you to use sunlight as it’s generated versus what I currently have which is a pure storage solution. I believe the take-up there is going to be huge. No one really talks about that or the fact that their autopilot software is one year away from them — at least on a small scale — be able to introduce their robotaxi business.

That’s going to be another industry they are going to be the first mover in. That’s even more great news for their stock, especially.

$1,000 is now here. I know it’s under $1,000 today. However, we have little doubt it will go back over $1,000 and continue to go back up. Everything is really doing extraordinarily well for Tesla. EV demand is accelerating.