After 20 yrs of building tech co’s, I have learned that these backward looking takes are ALWAYS wrong and cement more support for the startup in question, not less.
So here’s a simple HOT TAKE on $TSLA
So here’s a simple HOT TAKE on $TSLA
1) Traditional Autos market cap is going to zero. Not a judgement, just an observation.
2) People wants climate sustainability.
3) New TAM of sustainable EVs is huge but TBD because we don’t know yet how to size final market of EV cars, buses, trucks, eVTOL.
2) People wants climate sustainability.
3) New TAM of sustainable EVs is huge but TBD because we don’t know yet how to size final market of EV cars, buses, trucks, eVTOL.
So TSLA and new OEMs (as they go public) will tend to over perform because market knows there’s little market risk left - adoption, consumer desire is clear.
Execution risk still exists though so OEMs that can/have deliver supply will be the long term winners.
Execution risk still exists though so OEMs that can/have deliver supply will be the long term winners.
You can safely be long New OEMs and short Legacy OEMs as a strategy and will probably make a lot more money predictably than by trying to short one of these rocket ships with a “valuation thesis”.
#TheMoreYouKnow 🌈
#TheMoreYouKnow 🌈
