$Tesla(TSLA.US)
I didn’t buy Tesla because I think it’s just a better car company.
My average cost on Tesla is $355.17, and the position is currently up 1.94%. Nice, but that was never the reason I bought it. What interests me is that Tesla is still being defined by the market. Cars give it scale today, while autonomy, energy and AI could reshape what the company is worth tomorrow.
That uncertainty is why Tesla can look expensive to one investor and cheap to another. For me, the question was whether enough of those future businesses can become real to justify paying for part of that future today. That’s the bet I made at $355.17.
The 1.94% gain doesn’t prove the thesis. It only means the market has moved in my direction so far.
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