Friday, April 1, 2016

TSLA Stock

If you look at earnings and their financial statements, you would see a company that invested alot in their products, it is showing negative numbers because they used all their reserve to come up with the model 3. So in this case, the numbers dont define the future prospects of this company, its the quality and volume of its products. I recommend a buy for this stock due to the market share that this car is going to produce in this market. However, it is not a short term buy, I would buy shares in the retirement accounts because this stock , based on sales projections, could double in the next 5 years. Plus, I recommend you buy this car if you plan to buy a car next year, its a smart decision ;)

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