Yes their stock has exploded in recent years but it's not going to experience this type of growth again. Competition picking up, new energy sources like hydrogen gaining steam, Musk resting on his laurels to an extent and his focus elsewhere, etc.

 

I bought some shares at market open. Nothing fundamentally changed for me in a negative way based on what was or wasn't said yesterday.

 

Well, let's look at your assumptions...
Competition: Tesla is in the EV market, but more so it is in the vehicle market. And is in rapid growth mode. Tesla's EV competition is scrambling to catch up and is failing. Can you name any other company that makes a profit on EVs?
Hydrogen: Do you have any idea what it costs to refine and deliver hydrogen? Is there any infrastructure to do so? Heck, at least Tesla builds its own charging network. And by starting to share is propping up every other EV venture, making them at least viable.

 

Does everyone want a Tesla if they want an EV? I don't know enough about these to give you a good answer about profit, but I do know that as we get closer to the end of ICE production, companies like Hyundai, Toyota, Honda, the Germans, the domestics, etc are only going to pick up. There are already some good offerings from various companies. The problem is public charging access but that's slowly changing. Wait until models like the Camry/Accord and 4-Runner become electrified. Think Tesla can just sit back and keep producing the same thing over and over again? I don't see a whole lot of change with them in the last several years, other than slightly improved range and a bigger screen.

As for hydrogen, Bit posted an interesting article about hydrogen and if it's a viable source going forward. Forward as in 10-20 years or more.

 

Any proof for your conjecture?

How is hydrogen gaining steam?

 

A Y refresh is coming, see the post up thread.

 

Sorry, which post are you referring to?

 

post of the day

 

Fyi - checked newer delivery Model X (2/23 build dates), and there is nothing really telling that it hw4. Cameras seem to be all the same still.

 

Nothing really concrete about details, but here is a report/rumor for the Model Y. I think the Model 3 is supposed get the update first and I think I've seen pictures of some disguised ones floating around the internet.

 

OK, yeah I read that article. I'm not going wait until 2024 as I will be a car short when I return our Ioniq lease later this year

 

I think Tesla will continue to grow but Stock price will not be going up as much because the current valuation has that already baked in.

Rivian looks good right now for nice bump if you have $$$ thats collecting dust.

 

I would be a little nervous about Rivian, but the price is definitely tempting....

 

https://finance.yahoo.com/news/tesla...153811395.html