Bitcoiner on Nostr: 🪵🪵Cathie Wood said today that if she was given $1 million and had to pick a ...
🪵🪵Cathie Wood said today that if she was given $1 million and had to pick a stock to hold for 10 years, she would choose Tesla. She thinks the stock could rise from $180 today to 1,500 in the next five years, a nearly tenfold increase. She thinks the car hardware accounted for $500 of that $1,500, 🚀🚀🚀while the autonomous driving platform Robotaxi accounted for $1,000. She praised Tesla's ability to control costs, saying that if other companies made electric cars with the same performance and range and sold them at the same price as Tesla, they would probably still lose money, but Tesla would gain 25% to 30% of its gross profit. At the same time, she is increasingly confident that Tesla's Robotaxi will succeed, with a gross margin of 80%.🔥🔥🔥
Published at
2023-02-03 01:19:38Event JSON
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"content": "🪵🪵Cathie Wood said today that if she was given $1 million and had to pick a stock to hold for 10 years, she would choose Tesla. She thinks the stock could rise from $180 today to 1,500 in the next five years, a nearly tenfold increase. She thinks the car hardware accounted for $500 of that $1,500, 🚀🚀🚀while the autonomous driving platform Robotaxi accounted for $1,000. She praised Tesla's ability to control costs, saying that if other companies made electric cars with the same performance and range and sold them at the same price as Tesla, they would probably still lose money, but Tesla would gain 25% to 30% of its gross profit. At the same time, she is increasingly confident that Tesla's Robotaxi will succeed, with a gross margin of 80%.🔥🔥🔥",
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