TSLA QUOTING ROUGHLY $30 FOR MOST OF THAT YEAR, HARDLY A ROARING SUCCESS STORY!
stock market returns in the four wheeled world over emotion, risk and unconventionality attached to the investment? Back to classic cars we zoom, and our golden era of motoring. Hagerty kindly compile data on what they term their ‘blue chip index’ which includes frequently traded cars. Over a similar period, a broad Not bad for a load of outdated, gasoline burning
Less frequently traded are this reader’s ‘top 3’ return. The most recent pièce de résistance, a DB4 sold last month at auction for what appeared to be fees, I will leave you to calculate the percentage.
When the death of the internal combustion engine comes, through a combination of mass adoption and regulation, the future may well yet see Tesla’s on every street corner or, more likely, equivalents from battery technology (and thus range anxiety) improves, costs reduce and charging infrastructure appears, consumers will rapidly make the switch, myself included.
Slightly tongue in cheek perhaps, but given that wholesale electric car ownership, there should be an pray for the preservation of my trio for eternity, then.
any EV. However, should Tesla not make it through this electrifying shift in motoring habits, my best suggestion on beating the market would be to seek out and buy one of Musk’s early disasters the embryonic ‘roadster’, since it will be as rare as hen’s teeth and, in years to come, could be seen as the
Charles Branch E:
charles.branch@
admisi.com
SOME ANALYSTS SUGGEST TSLA WILL EASE IN THE COMING MONTHS, (WITH UBS SUGGESTING AS MUCH AS A 30%) AS SHAREHOLDERS EXPECT THE FIRM TO START TURNING A PROFIT
19 | ADMISI - The Ghost In The Machine | July/August 2018
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