Any thoughts on buying Fomoco stock it is at 8.97 per share today
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Take away the subsidies and Tesla goes the way of the Dalorean.Tesla is eating the lunches of BMW, Mercedes, Volvo and VolksW.
Volkwagen just announced their target date for their last combustion engine is 2026. The future of electrics is getting closer and closer.
TSLA probably won't even be around in 20 years - they will be bankrupt - they lose money on every vehicle, and wouldn't even have made it this far without gubmint, ie taxpayer subsidies. Elon Musk is a charlatan who uses fraudulent accounting to make the EPS (earnings per share) look good. GM sells more cars in a week than TSLA does in a year. They are a tree-huggers status symbol fraught with problems.It's the changing of the guards. Buy TSLA stock instead. Tesla is eating the lunches of BMW, Mercedes, Volvo and VolksW.
There will be no need to buy gas cars in the next 20 years...so yeah...cheap stocks get cheaper