Tesla Stock Price | The Future is Green

So what exactly is going on with Tesla stock price, how come its soaring past $100 per share all of the sudden?  Allow me to enlighten you; investors, especially young ones, fall in love with progressive minded companies that can (and will) change the world.

Tesla is a “fix the future” oriented company, CEO Elon Musk wants to make money; but he also wants to fix BIG problems we will face in the future without alternative energy.

“The reason for me to do it is not because I saw a huge market opportunity. It was clear that we were not going to see electric cars from major car manufacturers.”

Sure – he’s taking a leap of faith, but judging by $tsla recent success, all signs point to a fortune being made.

 Elon Musk

The Dirt On Tesla Stock Price So Far

On June 29, 2010 Tesla Motors launched its initial public offering on NASDAQ under the symbol TSLA. The IPO raised $226 million for the company. Ironically, Tesla is the first american car company to go public since Ford, bet you didn’t know that fun fact.

 

Tesla stock price started off modestly, at about $15-$17 per share.  In fact, its first few years in business Tesla was running on fumes (pun intended).  Tesla went public after only one profitable quarter back in 2009, the company had incurred losses of 290 million dollars with revenues that hadn’t exceeded 150 million. Not exactly the ideal introduction to the stock market (very much unlike Google in 2005)

 Fast forward to June 2013 and Tesla stock price is surging over 100 dollars per share.  Now, before you say to yourself “that is outrageous, they aren’t worth that much”, let me step in and tell you why Tesla stock price is so high, and why that price tag is justified.

 

  •  Tesla Pays off Government Loan Nine Years Early

Tesla paid back, in full, its $456 million dollar government loan.  Pretty cool huh? Oh yeah, they did it NINE YEARS EARLY.  When you give innovative minds like Elon Musk and the people at Tesla, money and space to innovate; they do just that – innovate.  As a result of this incredible feat tesla stock price is soaring.

  • Tesla is Consumer Reports Best Car Ever Tested

People throw around superlatives like “greatest”, “best”, and “all time”around far to carelessly. Teslas model S is a legitimate threat to be one of the rare automobiles referenced as “the greatest”(Porsche 911, 60’s; Camaro, Corvette, and GTO, BWM 2002, you may have new company).  Consumer Reports, a renowned publication, gave the Model S its best rating ever, like of all time.  This story getting out is excellent buzz for Tesla and certainly had an impact on Tesla stock price.

  • Tesla Model S Outselling Comparable BMW, Mercedes, and Audi

BMW, Mercedes, and Audi are the “luxury car” market, in america.  For Tesla to be mentioned amongst such esteemed company is a major milestone for the company.  But for the Model S to be outselling these iconic brands is like a….leaguestone, and yes I am taking credit for making that up.


Tesla Stock Price is  High but Still a Good Buy

Tesla stock price may seem high at $105 per share, but dont be fooled by the naysayers, its still an excellent buy.  Why? because the future is green (literally and figuratively ).  Generation Y  is environmentally conscience and embraces innovation more so than any other generation in recent memory.
 As Tesla continues to grow, and produces more affordable vehicles, you can bet the general public will be all over it.  Electric cars are the future, Tesla is early to the market which means they will their share of bumps and bruises, but I see Tesla as the next great american auto manufacturer.
Tesla started off slow but the possibilities are endless.  There will always be doubters who will nitpick and find something wrong or give you some mathematical reason the stock is not a good buy.
Here is what it all comes down to for me when I looked into buying $tsla stock:
Will Tesla Be Substantially Larger In the Next Ten – Twenty Years? Yes

Combine Innovation, an ambitious (brilliant) CEO, and a great product; and you get a successful company that if you buy now, will make you money.

 

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