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2023-09-06

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Tesla Stock: 8 Reasons To Buy

Tesla, Inc.'s Cybertruck production and sales are expected to generate significant revenue, with an order backlog of 1.9 million units.The production of semi-trailer trucks in 2024 could add another $

Tesla Stock: 8 Reasons To Buy

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{"i18n":{"language":"en_US"},"data":{"magic":2,"id":216944131338240,"tweetId":"216944131338240","gmtCreate":1693972482601,"gmtModify":1693972486982,"author":{"id":3566293775093626,"idStr":"3566293775093626","authorId":3566293775093626,"authorIdStr":"3566293775093626","name":"Patek1975","avatar":"https://static.tigerbbs.com/a2e5f9a5d563704aaf5f2473be16f148","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.18","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":29,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Huat argh&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Huat argh&nbsp;</p></body></html>","text":"Huat argh","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/216944131338240","repostId":2365050741,"repostType":4,"repost":{"id":"2365050741","pubTimestamp":1693957020,"share":"https://www.laohu8.com/m/news/2365050741?lang=&edition=full","pubTime":"2023-09-06 07:37","market":"us","language":"en","title":"Tesla Stock: 8 Reasons To Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2365050741","media":"seekingalpha","summary":"Tesla, Inc.'s Cybertruck production and sales are expected to generate significant revenue, with an order backlog of 1.9 million units.The production of semi-trailer trucks in 2024 could add another $","content":"<html><head></head><body><ul style=\"\"><li><p>Tesla, Inc.&#39;s Cybertruck production and sales are expected to generate significant revenue, with an order backlog of 1.9 million units.</p></li><li><p>The production of semi-trailer trucks in 2024 could add another $8 billion in annual revenue.</p></li><li><p>Tesla&#39;s revenue growth is projected to be high due to increasing EV sales, potential cost reductions in battery technology, and expansion into new markets like autonomous vehicles and battery chargers.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e94c2a45c7301b8ea00c807d826e5dd\" tg-width=\"750\" tg-height=\"563\"/></p><p><strong>Tesla, Inc.</strong> (NASDAQ:TSLA) is one of the market&#39;s most controversial companies. As the leading producer of electric vehicles (&#34;EVs&#34;), Tesla remains ahead of the competition in many areas. Although it is highly priced on a price-to-earnings ratio basis, I feel long term it is really undervalued here because of the many things that can generate huge revenue between now and 2030.</p><p>In this article, I will provide 8 reasons why Tesla is an excellent long-term investment.</p><h2 id=\"id_254973135\">1. The Tesla Cybertruck starts production this year</h2><p>The Cybertruck is scheduled to begin full production later this year, and then in 2024 is expected to produce 375,000 units. With an average unit price of $60,000, that should generate approximately $22 billion in revenue in 2024. Considering that in the fiscal year 2022 Tesla&#39;s revenue was $81 billion, that would provide more than a 25% increase in revenue just from the Cybertruck.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b9e143a8f6906e1baaebf50ef0153e33\" tg-width=\"556\" tg-height=\"302\"/></p><p>Tesla</p><p></p><p>And, since the Cybertruck currently has an order backlog of 1.9 million units, we are looking at 375,000 units being produced every year at least for the next two or three years even if we include massive cancellations that may or may not be coming up.</p><p>What other company has a potential 25% annual increase in revenue locked in with a brand-new product?</p><h2 id=\"id_2855514829\">2. Semi-trailer trucks will begin production in 2024, with full production mode of 50,000 units per year in 2025</h2><p>Currently, Tesla has a small production facility producing about 5 semi-trailer trucks per week. They also have an agreement with Pepsi-Cola where they’ve provided semis for PepsiCo (PEP) to use mainly in California and Pepsi really likes them.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2a08f3688d0f1f023adfce2b84c33afe\" tg-width=\"640\" tg-height=\"400\"/></p><p>Pepsi</p><p></p><p>If Tesla meets its production targets of 50,000 units per year, that would be another $8 billion a year in revenue on top of the $22 billion in revenue that they’re likely to see from the Cybertruck. Remember, these are new lines of business, not an expansion of old lines.</p><h2 id=\"id_1079842250\">3. EV sales will increase by an average of 24% per year between 2023 and 2030</h2><p>According to Global News Wire, EV sales will grow from $206 billion to $957 billion by 2030. With Tesla being the largest EV producer and arguably the most efficient EV producer in the world right now, obviously their revenue growth over that period will be extremely high even if greater competition cuts the growth percentage from the indicated CAGR to something less, let’s say 20% per year. At a 20% average annual growth rate, that means that Tesla’s revenue will grow to more than $300 billion, almost four times what its 2022 revenue was.</p><p>Keep in mind that this does not include any of the new projects that Tesla has coming online such as the Cybertruck, the semi-trailers, robots, and the Megapak.</p><h2 id=\"id_2038475047\">4. Replacing lithium batteries should lower costs and arguably increase volumes even more</h2><p>Elon Musk announced that Tesla is looking to provide a sub-$25,000 EV to the market sometime soon. My guess is that prediction has something to do with batteries being powered by sodium, i.e., salt at a fraction of the price of the current lithium batteries.</p><p>Sodium batteries do not provide as much distance per charge as lithium batteries but the fact is most people drive their cars less than 40 miles a day on average. Therefore, a battery with a range of 175 to 200 miles would be more than enough for the vast majority of car buyers especially when you can charge it at home overnight.</p><p>One way to think about this is how many times a year do you drive more than say 175 miles in a day? In my case, that would be about 12 days a year and I probably do more long-distance traveling than most people.</p><p>One of Tesla’s battery providers is the Chinese company CATL, which has recently announced that it will be producing sodium batteries before the end of 2023.</p><h2 id=\"id_755787817\">5. Tesla’s battery Chargers could be another $20 billion a year business in the next few years</h2><p>As most of you know, Tesla’s chargers are increasingly being used by other companies such as EV competitors GM, Ford, and Rivian. Tesla could earn $20 billion a year just from their chargers.</p><p>Some states are requiring Tesla Chargers. Kentucky, Texas, and Washington have asked the federal government to fund charger build-outs in their states. This is another indication of Tesla’s leadership in high-tech areas other than EVs.</p><h2 id=\"id_745738330\">6. The autonomous vehicle market is predicted to grow to a $2 trillion market by 2030</h2><p>Self-driving vehicles and their service revenue will arguably be one of the biggest markets for Tesla’s products, especially the software and services revenues attached to those vehicles.</p><p>How big is Tesla going to be in this market? Let’s just imagine what it’s going to be like after they purchased 10,000 H100 GPUs from Nvidia (NVDA) for a new computer they’re building. Elon Musk has said in no uncertain terms that Tesla will be a leader in this AI market. This new computer will be the 3rd fastest supercomputer in the world.</p><h2 id=\"id_3475659053\">7. Megapacks could add $400 billion a year in revenue by 2030</h2><p>So now we are getting to some really big numbers, backup battery systems for utilities and others as unreliable renewable energy expands and everyone will need backup at night, on cloudy days, and when the wind doesn’t blow hard enough.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c6f6ea3d9ad4ede77b20fceee2c7182\" tg-width=\"625\" tg-height=\"334\"/></p><p>Tesla</p><p></p><p>When your megapack business has grown by 62%, 152%, and 360% over the last 3 quarters, you know you have a huge growth engine.</p><h2 id=\"id_1450470762\">8. Engineers want to work for Elon Musk</h2><p>In a high-tech world, those who have the best engineers are the most likely to succeed.</p><p>Business Insider just did an interesting survey asking engineers who would they most like to work for once they graduated.</p><p>For example, number 20 on the list was Intel (INTC), and number 16 was Amazon (AMZN).</p><p>But number two was none other than Tesla, and number one was SpaceX - both started by Elon Musk. I think it would be safe to say there is considerable exchange of information between engineers at SpaceX and at Tesla adding to the value of both.</p><p>That’s another big win for Tesla.</p><h2 id=\"id_590613364\">Conclusion</h2><p>That’s eight reasons I’ve given you to buy Tesla, and there are even more reasons that I won’t go into now.</p><p>For example, what about robotics, where of course, Tesla is a leader. Think about how robotics could work in, for example, nursing homes where they could take care of senior citizens 24 hours a day 7 days a week. They could cook, clean, talk to, play music for, do medical testing, phone relatives, do Google searches and never ask for a day off or a raise.</p><p>Another one that most people don’t know about is Tesla&#39;s entry into the data center market. That’s a market with a current size of more than $250 billion dollars a year. What part of that $250 billion can Tesla take advantage of compared to leaders Amazon, Google, and Microsoft? I’m not sure but I would guess it would be substantial.</p><p>Obviously, I think these eight points are valid reasons for buying and holding Tesla long-term. Could Tesla have the world’s first $10 trillion market value? Looking at some of these numbers and the market size for example in Megapacks one has to wonder if that’s not true.</p><p>Could there be a downside to Tesla? Absolutely. There could be accidents, there could be controversial Elon Musk sightings, and there could be competition that we don’t know about yet. There’s also the issue of volatility. If you look at Tesla’s price over the last three years, you can see how Tesla’s price at one time was up more than 150% but currently sits at 54%, a huge downside from the dizzying heights of 2021.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8b386bc764346d1850acd4a7463bf6ef\" tg-width=\"640\" tg-height=\"222\"/></p><p>Seeking Alpha</p><p></p><p>I would agree that Tesla will remain extremely volatile, with violent ups and downs over the next few years, but long term I think the odds of being a very successful investment are very high, and that is why Tesla is my largest holding.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock: 8 Reasons To Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock: 8 Reasons To Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-06 07:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4633117-tesla-stock-8-reasons-to-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla, Inc.'s Cybertruck production and sales are expected to generate significant revenue, with an order backlog of 1.9 million units.The production of semi-trailer trucks in 2024 could add another $...</p>\n\n<a href=\"https://seekingalpha.com/article/4633117-tesla-stock-8-reasons-to-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","BK4514":"搜索引擎","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","BK4220":"综合零售","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4177":"软饮料","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","LU2361044949.HKD":"WELLINGTON US QUALITY GROWTH \"A\" (HKD) ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BK4512":"苹果概念","LU0097036916.USD":"贝莱德美国增长A2 USD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU0079474960.USD":"联博美国增长基金A","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","BK4511":"特斯拉概念","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","TSLA":"特斯拉","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU2361044865.SGD":"WELLINGTON US QUALITY GROWTH \"A\" (SGDHDG) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc"},"source_url":"https://seekingalpha.com/article/4633117-tesla-stock-8-reasons-to-buy","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2365050741","content_text":"Tesla, Inc.'s Cybertruck production and sales are expected to generate significant revenue, with an order backlog of 1.9 million units.The production of semi-trailer trucks in 2024 could add another $8 billion in annual revenue.Tesla's revenue growth is projected to be high due to increasing EV sales, potential cost reductions in battery technology, and expansion into new markets like autonomous vehicles and battery chargers.Tesla, Inc. (NASDAQ:TSLA) is one of the market's most controversial companies. As the leading producer of electric vehicles (\"EVs\"), Tesla remains ahead of the competition in many areas. Although it is highly priced on a price-to-earnings ratio basis, I feel long term it is really undervalued here because of the many things that can generate huge revenue between now and 2030.In this article, I will provide 8 reasons why Tesla is an excellent long-term investment.1. The Tesla Cybertruck starts production this yearThe Cybertruck is scheduled to begin full production later this year, and then in 2024 is expected to produce 375,000 units. With an average unit price of $60,000, that should generate approximately $22 billion in revenue in 2024. Considering that in the fiscal year 2022 Tesla's revenue was $81 billion, that would provide more than a 25% increase in revenue just from the Cybertruck.TeslaAnd, since the Cybertruck currently has an order backlog of 1.9 million units, we are looking at 375,000 units being produced every year at least for the next two or three years even if we include massive cancellations that may or may not be coming up.What other company has a potential 25% annual increase in revenue locked in with a brand-new product?2. Semi-trailer trucks will begin production in 2024, with full production mode of 50,000 units per year in 2025Currently, Tesla has a small production facility producing about 5 semi-trailer trucks per week. They also have an agreement with Pepsi-Cola where they’ve provided semis for PepsiCo (PEP) to use mainly in California and Pepsi really likes them.PepsiIf Tesla meets its production targets of 50,000 units per year, that would be another $8 billion a year in revenue on top of the $22 billion in revenue that they’re likely to see from the Cybertruck. Remember, these are new lines of business, not an expansion of old lines.3. EV sales will increase by an average of 24% per year between 2023 and 2030According to Global News Wire, EV sales will grow from $206 billion to $957 billion by 2030. With Tesla being the largest EV producer and arguably the most efficient EV producer in the world right now, obviously their revenue growth over that period will be extremely high even if greater competition cuts the growth percentage from the indicated CAGR to something less, let’s say 20% per year. At a 20% average annual growth rate, that means that Tesla’s revenue will grow to more than $300 billion, almost four times what its 2022 revenue was.Keep in mind that this does not include any of the new projects that Tesla has coming online such as the Cybertruck, the semi-trailers, robots, and the Megapak.4. Replacing lithium batteries should lower costs and arguably increase volumes even moreElon Musk announced that Tesla is looking to provide a sub-$25,000 EV to the market sometime soon. My guess is that prediction has something to do with batteries being powered by sodium, i.e., salt at a fraction of the price of the current lithium batteries.Sodium batteries do not provide as much distance per charge as lithium batteries but the fact is most people drive their cars less than 40 miles a day on average. Therefore, a battery with a range of 175 to 200 miles would be more than enough for the vast majority of car buyers especially when you can charge it at home overnight.One way to think about this is how many times a year do you drive more than say 175 miles in a day? In my case, that would be about 12 days a year and I probably do more long-distance traveling than most people.One of Tesla’s battery providers is the Chinese company CATL, which has recently announced that it will be producing sodium batteries before the end of 2023.5. Tesla’s battery Chargers could be another $20 billion a year business in the next few yearsAs most of you know, Tesla’s chargers are increasingly being used by other companies such as EV competitors GM, Ford, and Rivian. Tesla could earn $20 billion a year just from their chargers.Some states are requiring Tesla Chargers. Kentucky, Texas, and Washington have asked the federal government to fund charger build-outs in their states. This is another indication of Tesla’s leadership in high-tech areas other than EVs.6. The autonomous vehicle market is predicted to grow to a $2 trillion market by 2030Self-driving vehicles and their service revenue will arguably be one of the biggest markets for Tesla’s products, especially the software and services revenues attached to those vehicles.How big is Tesla going to be in this market? Let’s just imagine what it’s going to be like after they purchased 10,000 H100 GPUs from Nvidia (NVDA) for a new computer they’re building. Elon Musk has said in no uncertain terms that Tesla will be a leader in this AI market. This new computer will be the 3rd fastest supercomputer in the world.7. Megapacks could add $400 billion a year in revenue by 2030So now we are getting to some really big numbers, backup battery systems for utilities and others as unreliable renewable energy expands and everyone will need backup at night, on cloudy days, and when the wind doesn’t blow hard enough.TeslaWhen your megapack business has grown by 62%, 152%, and 360% over the last 3 quarters, you know you have a huge growth engine.8. Engineers want to work for Elon MuskIn a high-tech world, those who have the best engineers are the most likely to succeed.Business Insider just did an interesting survey asking engineers who would they most like to work for once they graduated.For example, number 20 on the list was Intel (INTC), and number 16 was Amazon (AMZN).But number two was none other than Tesla, and number one was SpaceX - both started by Elon Musk. I think it would be safe to say there is considerable exchange of information between engineers at SpaceX and at Tesla adding to the value of both.That’s another big win for Tesla.ConclusionThat’s eight reasons I’ve given you to buy Tesla, and there are even more reasons that I won’t go into now.For example, what about robotics, where of course, Tesla is a leader. Think about how robotics could work in, for example, nursing homes where they could take care of senior citizens 24 hours a day 7 days a week. They could cook, clean, talk to, play music for, do medical testing, phone relatives, do Google searches and never ask for a day off or a raise.Another one that most people don’t know about is Tesla's entry into the data center market. That’s a market with a current size of more than $250 billion dollars a year. What part of that $250 billion can Tesla take advantage of compared to leaders Amazon, Google, and Microsoft? I’m not sure but I would guess it would be substantial.Obviously, I think these eight points are valid reasons for buying and holding Tesla long-term. Could Tesla have the world’s first $10 trillion market value? Looking at some of these numbers and the market size for example in Megapacks one has to wonder if that’s not true.Could there be a downside to Tesla? Absolutely. There could be accidents, there could be controversial Elon Musk sightings, and there could be competition that we don’t know about yet. There’s also the issue of volatility. If you look at Tesla’s price over the last three years, you can see how Tesla’s price at one time was up more than 150% but currently sits at 54%, a huge downside from the dizzying heights of 2021.Seeking AlphaI would agree that Tesla will remain extremely volatile, with violent ups and downs over the next few years, but long term I think the odds of being a very successful investment are very high, and that is why Tesla is my largest holding.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}