Long Bet: Tesla - Bulls vs Bears

[TheBrit]

I don't disagree, but curious to read what you think are good industries - from an investors perspective. I can come up with Pharma and Tech?

For long term buy and hold investors, consumer staples, technology and healthcare are generally fertile hunting grounds.

I have not charted it, but I suspect if you plot Ford vs Coca-cola or General Motors vs Microsoft it will illustrate this point.

Auto manufactruing is competitve, fragmented and very politically sensitive as it is a large employer.. many countries have national champions they will look after to protect jobs - regardless of what it does to the economics of the industry. It also has very high fixed costs (those factories are not cheap), and low margins so any variation of demand (as you see through the economic cycle) can easily tip them from profit to loss.

Tesla got a great jump start in EVs but inside the next decade I predict EV industry will look identical to the ICE industry now.

[TheBrit]

Good job Tesla doesn’t have a demand problem eh redsplurt?

https://www.nytimes.com/2023/01/13/b...price-cut.html

[GentleGeorge]

https://www.bbc.com/news/business-64266471

[chobochobo]

No, no, no. M*sk is simply continuing to save the world by encouraging EV uptake, by passing on savings now that the supply chain issues have improved.
/S

[shri]

Hah apologies!

Attachment 88000

Continue the arguments .. and dance on the horses grave while waving your savvy at each other..