How about starting a thread where we all talk about the reasons we started investing in Tesla Motors? For those who are down on the stock being down maybe we can remind each other why we are here.
For me it boils down to this
1) Not only does Tesla have a difficult to replicate battery pack they have what is probably, by far, the cheapest battery pack available to any manufacturer. It will not be easy for the other manufacturers to catch up. Furthermore there battery pack has the longest useful life improving resale value vs. other electric cars. There are a lot of people selling the stock short that don't understand this.
2) Tesla has the Supercharger network. No one has started building similar infrastructure. That is because no one else has a car that can take advantage of said infrastructure. I spoke with someone waiting to invest in Tesla "on a dip" and he didn't even know about the Supercharger network.
3) 99% of Tesla owners are fully satisfied as per Consumer Reports. Look on any forum of Model S owners and they will admit they don't enjoy driving their ICE cars anymore, if they do.
4) As long as fuel stays where it is anyone who puts 12,000 miles on their car every year has significant TCO savings.
5) Half my office wants a Gen III. People who are not in the luxury market right now will buy a Gen III Tesla when it is available. One can easily justify the premium by subtracting fuel costs and then relish the time not spent stopping for gas or getting the oil changed or brakes fixed.
6) The sooner we get off of oil the better, either to help the planet or to improve the geopolitical structure of the world. If I invest in TSLA and never sell my shares this reduces supply of the shares which helps keep the stock price up which in turn helps Tesla raise mare capital to invest into reaching their goals sooner.
7) One other thing I thought of I find strange. There are lots of articles that state as fact things like demand for the Model S is declining or that Model S drivers need to own multiple cars as the Model S is supposedly not a daily driver. Obviously people are still being misled and that is probably hurting the stock price. The stock is already high. How high will it go when people realize the truth?
8) Gas stations are dirty and gross, why would I ever want to go to one if I didn't have to.
For me it boils down to this
1) Not only does Tesla have a difficult to replicate battery pack they have what is probably, by far, the cheapest battery pack available to any manufacturer. It will not be easy for the other manufacturers to catch up. Furthermore there battery pack has the longest useful life improving resale value vs. other electric cars. There are a lot of people selling the stock short that don't understand this.
2) Tesla has the Supercharger network. No one has started building similar infrastructure. That is because no one else has a car that can take advantage of said infrastructure. I spoke with someone waiting to invest in Tesla "on a dip" and he didn't even know about the Supercharger network.
3) 99% of Tesla owners are fully satisfied as per Consumer Reports. Look on any forum of Model S owners and they will admit they don't enjoy driving their ICE cars anymore, if they do.
4) As long as fuel stays where it is anyone who puts 12,000 miles on their car every year has significant TCO savings.
5) Half my office wants a Gen III. People who are not in the luxury market right now will buy a Gen III Tesla when it is available. One can easily justify the premium by subtracting fuel costs and then relish the time not spent stopping for gas or getting the oil changed or brakes fixed.
6) The sooner we get off of oil the better, either to help the planet or to improve the geopolitical structure of the world. If I invest in TSLA and never sell my shares this reduces supply of the shares which helps keep the stock price up which in turn helps Tesla raise mare capital to invest into reaching their goals sooner.
7) One other thing I thought of I find strange. There are lots of articles that state as fact things like demand for the Model S is declining or that Model S drivers need to own multiple cars as the Model S is supposedly not a daily driver. Obviously people are still being misled and that is probably hurting the stock price. The stock is already high. How high will it go when people realize the truth?
8) Gas stations are dirty and gross, why would I ever want to go to one if I didn't have to.
