Eight years ago, when I bought my Tesla (which I still drive; 145,000 miles and going great!) I sung the praises of the company, which has now shot up literally 100 times the price when I first pointed it out. (P/E approaching 1700 at this point, God help us). But I wanted to make a point about these nascent patterns of earth-changing companies. This is what TSLA looked like when I first touted it:(more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Musk is now the richest man on the planet. Who could have imagined this eight years ago, when I wrote my first Tesla post which ended with this:
I think Tesla as a public company (symbol TSLA) has a great future ahead – I hope they do, at least – provided that the world embraces electric vehicles and the de factor more modest infrastructure for this kind of car. I’ll also mention that the new Slope of Hope (coming soon!) looks gorgeous, particularly in a vehicle being zipped around the Bay Area at high speeds. Elon has another winner on his hands.
That just goes to show you how times have changed. When I started writing the post, I wasn’t even sure they were public! The P/E is about 1600 now, and as you can see from the chart below, it isn’t exactly the buying opportunity that it was when I wrote about it thousands and thousands of percent ago:(more…)