Tesla Stock Ticker
Why Tesla Stock?
Why do I have a Tesla Stock ticker? Well my friends, because Tesla is the best company in the world, that’s why! I wish I could buy Tesla Stock, but at the moment I am poor. Yes, I am a confessed Telsa junkie. I dream of owning an electric car and having a Tesla wall plastered to the side of my house. If I had money I would buy tons of Tesla stock. Why? Because Tesla is the future. Electric cars are the future. Gas cars are the past. Battery operated houses are the future. Being connected to the electric grid is the past.
Electric Cars
First, lets talk about Electric Cars. Everyone should buy an electric car and get rid of their dirty gas cars. Gas is disgusting. It’s everywhere. We breath in the exhaust everyday. We smell it and get it on our clothes when we pump our cars. It burns up and creates green house gases that destroy the atmosphere. That has led to global warming which has led to forest fires, loss of animal life, cancer, etc. Do we want our children to be around all of that? NO.
If we all switched to electric cars we would be doing ourselves and the planet a huge favor. No more loud exhaust. No more gas pollution. Just peace and quiet and environmentally friendly goodness.
House Batteries – The Tesla Wall
Not only are electric cars the way of the future, as Howard Hughs would say…but I believe that in the near future, houses will be powered by batteries. Right now we have the Tesla Wall, which is essentially a huge house battery powered by solar that is designed to give you power during power outages. Well as time goes on, I believe these batteries are going to have the capability to power a house 24/7. You can purchase several Tesla Walls and do this, but the costs would be astronomical. Right now the cost is not feasible. However, as people become more and more dissastified with their energy bills, they will look for an alternative. Just as people are cutting the cord on their cable TV, they will cut the cord on their electric when the cost and ability is right. Solar technology and battery technology is advancing every day. With those advancements, better technology becomes cheaper. In the end, we will all have battery operated houses and cars. Why pay the electric company when you can have solar panels powering your car and your house???
Solar City
Not only does Tesla make electric cars, and huge batteries, they own Solar City, a company that installs solar panels and sells solar power back into the grid. Solar Power has been steadily growing not only in the US, but in the world. Solar power is not going anywhere. It’s going to be here for a long time. And Tesla is not going anywhere. They are going to be here for a long time as well.
Tesla Stock Compared to Apple Stock
Tesla isn’t Apple, but they are a technology company. Tesla was founded in 2003. Apple was founded in 1976. Since 1980, Apple stock has increased 31,834 percent. That is covering about 40 years. From June 2010 to June 2019, Tesla stock has increased 878%. That is about 10 years. So if Apple is any indication of a major technology company’s stock potential, Tesla also has that potential. In the next 10 years, the Tesla stock could increase another 878%.
Apple actually reportedly tried to buy Tesla according to this article. I didn’t even know that before I started writing this. What a coincidence!
Honestly I know nothing about stocks but this one just seems like a no-brainer to me. Mainly because Tesla is an innovator. They have 3 new technologies and virtually little to no competition. Well, that is not true. They have competition. There are other electric cars, solar companies, and battery companies out there. But nobody knows who those companies are. Tesla is a household name compared to these other companies. Tesla is the McDonald’s of electric cars.
Elon Musk’s Influence on Tesla Stock
It seems like people either love or hate Elon Musk. I think he’s totally cool and is changing the world for the better. Other people, like this guy on Forbes aren’t as convinced. He goes on to say that Elon Musk is an unfocused leader, who is too concerned about his legacy as opposed to car sales. He also mentions that the company is in peril because of their debt and low demand of EVs (electric vehicles). This guy says that the EV market is saturated outside of China. I call bullshit. I would give an arm and a leg for an electric vehicle and I think a lot of people, mostly the younger generation are more open to the idea of electric vehicles and changing things for the better.
Millenials and Environment
Polls show that millennials (people under 35) are far more interested in reducing carbon emissions than the older population. There are 92 million millennials and they make up most of the current work force. Millennials are far more likely to install solar systems, buy electric vehicles and purchase sustainable products. The only problem is that millennials have less money to spend than their parents and grandparents. However with advances in technology, solar power is becoming cheaper, electric vehicles are becoming cheaper, and eventually poor people like me who care about the environment will flock to Tesla products as soon as we are able to afford them.
What That Means for the Future of Tesla Stock
As long as Tesla stays in business, they will be huge in the future. As humans begin to realize the dangers and damage that is caused by carbon emissions and realize that we have the power to reverse the damage we have caused, more and more people will be keen to the idea that electric vehicles and solar panels are the way of the future. Tesla is leading the way, all we need to do is follow. They are the Apple of electric vehicles. Hopefully someday we all will be able to get one!
Conclusion
Tesla stock is in a rocky place according to some, because of growing pains and Elon Musk’s erratic nature at times. I for one think they will pull out far ahead and we will all be kicking ourselves for not buying Tesla stock sooner.
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