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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (10449)	10/15/2020 2:39:41 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 26414

Yes and no. Yes, TSLA faces competition from bigger and stronger companies. No, those companies may not be able to duplicate TSLA's success b/c they have different cultures and are unfamiliar with the technology. And additionally they are not really interested in making great EV b/c that would kill their bread and butter ICE business. All this will play out in due course. I am sure that at some point in time TSLA will drop 50+%. But I am not sure where that level will be. It could be now, or it could be 50% above here.