/biz/ - Business & Finance

>>54769938
>25 percent bonds
>JEPI meme

hey man I get it you arent a degen like some people here but atleast try to be original

Tesla will be looked back on as the biggest bubble stock of the early 2020s. People will not recognize much of this company in 20 years, and anyone holding thinking its a long term bet will watch their money disappear. Tesla has no product recognition on par with apple. Over a decade from the release of the imac G3 there is a strong community of apple fanboys that recognize and actively seek out these long dated products and recognize their nostalgia. You have people selling ibooks on ebay in mid 2010s or people arguing about the best ipod a decade after the release of the iphone. Tesla cars are built like crap being built even crappier. Once a legacy auto company like toyota or honda catches up tesla is done they will be just another auto company and the stock will fade away as elon walks from the company. They cannot secure government contracts like ford or microsoft they cannot build a physical presence like the apple store that still stands after multiple market crashes. The only loyal "customer" to tesla is the stock gambler that got lucky and like crypto gamblers they are a fad and not a customer base that is secure for long term growth. Tesla is worth less then 100 dollars a share and if earnings fail it will drop to 50 dollars and down to pre 2019 levels.