I am not a fan of Tesla stock, for reasons I have alluded to in…

@Porwest 28 December 2022 more from that month

I am not a fan of Tesla stock, for reasons I have alluded to in previous articles on read.cash. That being said, I have to evaluate Tesla's stock differently now as its value has dropped more than 50% recently. There is a different set of criteria to look at is what I am saying, for anyone who actually does believe in the company and who feels that it has long term value. I prefer Rivian and Ford over Tesla in the EV space. Again, for reasons I have laid out before. But I offer up my "alternative" evaluation, separating Tesla from the reasons I don't invest now and adding in my two cents worth on why I think it may be a buy now. https://read.cash/@Porwest/is-tesla-a-buy-right-now-d95f6c37

3 comments

@Scarred4Lyfe 28 December 2022

The original push for electric vehicles failed when everyone kept tangling into each other's extension cords.

@Porwest 28 December 2022

lol. This may well be a strong possibility. I still think EV is entirely fraught with difficulty, especially since while there is strong interest in pushing for electric, there's no interest in upgrading the grid. Somewhere along the line there is going to be a very interesting "duh" moment.
- @Scarred4Lyfe 28 December 2022
  
  Yep. EV's and rolling blackouts don't mix well.

@Scarred4Lyfe 28 December 2022

The original push for electric vehicles failed when everyone kept tangling into each other's extension cords.
- @Porwest 28 December 2022
  
  lol. This may well be a strong possibility. I still think EV is entirely fraught with difficulty, especially since while there is strong interest in pushing for electric, there's no interest in upgrading the grid. Somewhere along the line there is going to be a very interesting "duh" moment.
  - @Scarred4Lyfe 28 December 2022
    
    Yep. EV's and rolling blackouts don't mix well.