Tuesday, November 23, 2021

TSLA

I'm a long time bull on TSLA.

If things don't change fundamentally I will hold TSLA until at least 2030. In that period I expect TSLA to grow at least fivefold (to $ 5.000).

I recently sold a small portion of my TSLA holdings at around $ 1.100. Price development had gone parabolic. Never a good sign for the short term.

I hope to be able to buy back all these sold shares somewhere between $ 825 and $ 1.050. Partly did already.

For me the Tesla fundamentals are increased EV adoption; moats in several areas (manufacturing, battery design, drivetrain, software, artificial intelligence and process management); superior cars (range, performance, software, full self driving capabilities and safety); and additional business (solar energy, battery storage, insurance and (other) AI applications).

This is not investment advice. Do your own research. Please also read the disclaimer at the bottom of the blog.