Why I have invested in Tesla even in the bull run
Even if in these hard times, Tesla had a record year as its share price rise more than 500% and succeeded to outperform the predictions of any optimist investor. It did a share split to allow more investors to onboard and even if in the beginning the share price stood steady, few days ago it started a bull run. Many content creators from here and financial writers (like @taskmaster4450) advised upon the fact that anyone should have in its portfolio Tesla and probably many watched and listened but didn't act.
While I didn't listen nor act in time to get a better price for it, I still decided to get invested into TESLA. And why did I do that while the stock seem to be in a bull run? That is because the most valuable electric cars manufacturer in the world will soon be included in the S&P 500 index. With this move Tesla will become the largest addition ever to the S&P 500 index and it might imply a process in two phases for reaching that due to its complexity and size.
Tesla reported a 5th recurring profitable reporting when they announced the Quarter 3 results this year with more than $331 million profit. These results have paved the inclusion of Tesla in the S&P 500. The effective date when that will happen will be on December 21 or in case of its complexity if two phases are needed it will be on December 14 and 21. Along with this I am expecting the price to continue to rise and prove that even if in a bull run you can be profitable.
Tesla will join the Top 10 companies from the S&P 500 index with the first five spots assigned to major tech companies and positioning it right between Walmart and Visa. This makes the transition within a selected club in the world and should build more trust in the vision and direction in which Tesla is moving towards. I believe it will surpass others as well from this selected top and will be simply a monster hard to stop from climbing to the top.
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https://twitter.com/behiver1/status/1330462911270182920
I guess it's worth a second look, years ago I just hated this company and would have shorted it like a lot of other people that lost their arse. I gotta hand it to them, they proved the naysayers wrong, including me!
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They have grown quite much and what pushed them forward is also the fact that they've expanded into the energy and aerospace industries. They are more than a cars manufacturer company and this is why I think they will go well on the long term and even if the price might look steap, there is still place for that to rise.
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I bet the patents alone are going to pay off.
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Beyond all odds Tesla proving to be worth it, I mean so many controversies down the years but look how it's stood test of time. You're absolutely right with it.
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Indeed it stood the challenge over time and I think with the inclusion in the S&P 500 index it proved its value. I think this is a big step for the company and it can only build good things from here on.
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May your decision be right!
I think that Tesla, a company which have innovative technology will be seen at To Ten.
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This unicorn has really surprised the world, nobody gave a five for his crazy ideas and look
They have already reached the international station, a great hit for a boy with visionary ideas, I suppose that the next will be the flying car, right,
my opinion is that this is an investment worth getting I'm sure of it.
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Few days back I watched Elon Musk's interview. He has nice futuristic vision and I am impressed with him.
I am sure Telsa might get more valuable in future.
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each time i see good investments like that and i still have no money to invest frustrates me :P
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I'm still not very confident into investing into Tesla, basically as I've missed the trend and did not took the increase. I think it is overrated at the moment, as it can be more valuable than any other car manufacturer, in terms of sales, profit, infrastructure is light years away from Toyota, which I think shall be no.1.
Nevertheless, for a quick flip, it is perfect. I bought this summer NIO at 4.5 and sold it all yesterday at 48.9, which was a nice profit to take.I will dig for further 10x in the next weeks and will post them in here, after I analyse and buy them.
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Tesla is indeed a good investment. The global EV market will grow in the coming decade. Tesla has manufacturing facility in the United States and China.
They are also setting-up one in Europe. Logistics cost will decline with regional manufacturing facilities. Margin and cash flow expansion will translate into further value creation.
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