Tesla Stock – What Is It Worth?
The other day I was speaking with a friend of mine about my recent experience with some of the new offerings in the “premium share” segment of the stock market. He asked if I thought that Tesla stock had any real value. And like many, I had no clue what to say to this question.
One of the best things that I’ve ever done in my life has been to invest in Tesla stock. To me it’s just plain common sense. But like many investors, the stock market for any good stock is loaded with quite a bit of hype. So when I speak to my friends and relatives about the best stock investment that they can do, I get mixed answers.
When I ask them if Tesla stock has any value, I typically get a quick look in the eyes. Then, usually out of nowhere, comes the answer of “Well, I guess it depends on how much you know about it.” They often mention that they haven’t done much research on the business but are very familiar with what they hear about the company from all of the press coverage that they read on a daily basis.
Since there have been excellent times and bad times for every company in every industry, and Tesla is no different, I think the stock may be worth a few dollars a share. After all, it’s already making an enormous profit.
There are so many pitfalls that you should avoid when investing in Tesla stock. There’s the opportunity cost of paying money for a huge profit that will never be realized. And of course, there’s the risk of investing in one of these companies and not being able to recoup your investment.
So the key to investing in any kind of stock or company is to invest intelligently. But here’s the kicker: Many investors do have that luxury of knowing where to start or what stock to invest in.
So be sure to get some serious help when you’re trying to figure out how to invest in the shares of any one of the many companies that are in the “premium share” segment of the stock market. Just know that a true piece of genius is to take advantage of the good times to make the most of your money and to stay out of the bad.
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