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Non-Tech : Kirk's Market Thoughts
COHR 153.89-3.4%3:27 PM EST
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Sun Tzu
To: Sun Tzu who wrote (10464)10/16/2020 2:42:09 AM
From: Kirk ©1 Recommendation   of 26438
 
I think it is worth the $420 pre split or $105 today (pot number) Musk said he could take it private at awhile back. Maybe give it some growth to that to reflect recent success.

If he can get people to keep buying cars at cost that he has lower than the competition due to controlling all levels of production and eliminating markups for partners that VW/Porsche/Audi has to pay, then he'll make the real money on the recurring charge, now $30 a month, to keep the software up to date for the self driving and other features to the mobile computer.

The cars can also act as batteries to back up your homes with unreliable power (A HUGE deal here in California as we shut down NG and nuclear power to get all renewable power) from the grid. If he eventually integrates your auto, solar panels and powerwall batteries, it is a HUGE market... much like Crapple selling over priced watches and ear buds to people who were convinced these are great products since they were given to teachers when they were kids so the teachers would "teach" the kids how wonderful these new devices are.

Would I bet on it? Probably not. After you get wealth from successful investing, it is more important to not lose it than to quickly double it again. For me, that means I add new stocks AFTER they've had a huge price crash during a bear market and proved they have the business model to come out the other side better.

Nice gap at $125 would fit my $105 plus growth target.... then around $50 I'd probably get really interested if they have the cash to come out the other side of whatever bear market sends them there.

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