Love the brand. Hate the stock

I hate to be the bearer of bad news … but is it any wonder analysts are calling for Tesla to trade at $36?? It’s the case of a great brand… horrible stock.

It’s been public for 9 years and it doesn’t make a profit (still); it only makes 3 kinds of cars; and everyone in America who wants one… already has one. Funny – it’s goal is to put oil and gas companies out of business… and yet, it does less to be free cash flow positive than any energy company.

So. Love the brand or hate the brand…. don’t buy the stock.

SHARE IT:

Comments are closed.