The Motley Fool owns shares of Ford and Tesla Motors.
Sounds like the Fool has really got on board...
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The Motley Fool owns shares of Ford and Tesla Motors.
Why Tesla Will Spark an Electric Car Revolution - DailyFinance
Investors, car enthusiasts, and car industry veterans alike are wondering whether of Tesla's CEO Elon Musk can deliver on his ambitious plans to transform the electric vehicle market.
s e c documents show insider purchases of shares today by Jurvetson, Kimbal Musk...notably!
Or maybe as a long-term retirement investment as Tesla just grows and grows.And they've driven the production car! They're so impressed they bought a few extra shares for profit taking...maybe.
Have an order in for $10k at the closing price today, so presumably that'll execute. That brings me to just short of 2100 shares, which I fervently hope will go up in price enough to pay for the entire car. If TSLA goes bankrupt that'll really suck, but it's hard to imagine a scenario outside of outright catastrophe that'll drive the stock down dramatically at this point. I really think us folks here are "in the know" far more than the statistical based traders.
Have an order in for $10k at the closing price today, so presumably that'll execute. That brings me to just short of 2100 shares, which I fervently hope will go up in price enough to pay for the entire car. If TSLA goes bankrupt that'll really suck, but it's hard to imagine a scenario outside of outright catastrophe that'll drive the stock down dramatically at this point. I really think us folks here are "in the know" far more than the statistical based traders.
The only thing that's bothering me is if we see a double dip recession or a long-drawn-out phase of stagflation (like in Japan in the past two decades) in the US and the Eurozone cookie starts crumbling at the same time.
This does not bode well for premium carmakers (let alone EV makers!). Less disposable income for the masses to spend on relatively expensive (upfront atleast) cars. So, once the early adopters are exhausted, if the western economies don't get better, I doubt if TSLA would continue to do well for too long.
s e c documents show insider purchases of shares today by Jurvetson, Kimbal Musk...notably!
... but there is only one reason to buy: you believe the shares will be worth more in the future than they are today.
There has to be other manipulative reasons.
...seems like the same reason to me.
They say that there are lots of reasons to sell (planned sales, something came up and you need the money, bought on margin and are getting forced to sell etc.) but there is only one reason to buy: you believe the shares will be worth more in the future than they are today.