I think Tesla stock is a long game. I have a bit of a unique perspective where I have a lot of work clients & friends who have electric cars, so I get to talk about them on a weekly basis - Tesla, Leaf, Bolt, Fit EV, etc. - and see what the pros & cons & hassles are. In Tesla's favor, they have:
1. Over-the-air updates - this is huge. Completely under-rated.
Taking it into the dealer to get patched is so last year
2. Nation-wide fast-charging network. You simply can't effectively road-trip in any other car, period. 1,533 Supercharger Stations with 13,344 Superchargers
worldwide as of today.
3. Self-driving. Hardware chip #3. AI network that does fleet data collection. I'm starting to feel like true full self-driving is really going to be 10 to 15 years away, but Tesla has a pretty good setup for making progress on the problem. I'm not 100% convinced they can do it with
only cameras (given how often they run into stopped cars, which is a
complex problem, and have
trouble seeing around corners & then actually stopping), but at least they have a pretty solid foundation right now.
Pretty much, no other car has continuous updates like a Tesla. Road-tripping is a pain in any other EV...it's not perfect with a Tesla, but having done a couple longer trips so far in my buddy's 3, it's pretty reasonable! Plus the existing self-driving is sooooooo nice on the highway & especially in traffic, especially on road-trips where you're driving all day or have a long commute. My daily commute averages 2 hours these days, because I service most areas of my state at this point & I'm in the center, so an hour there & an hour back, and then traffic congestion along the major routes along the way...Autopilot as it is today would be
heavenly.
Anyway, as I look 5 years down the road at where say Ford is with their electric cars & self-driving abilities...I mean...meh. I think Tesla stock is going to hit $500
easily.