Having listened to Andrew and Scott talk on the Motley Fool this weekend about Scott buying Tesla I thought it would be interesting to hear what people thought on this forum.
For full disclosure I own it IRL, and it has been a hell of a ride.
Given market demand, the business is really restricted by what it can produce from its factories, not market demand, which I think is the reverse of most businesses. It is profitable, and growing, but is trading at a high multiple still (although that's come down of late).
I have to admit, I am a huge Buffet fan and invest accordingly, and my investment in Tesla is similar to Buffet's investment in a private jet (i.e. "Indefensible"). YET, Tesla is playing into a huge macro theme, has first mover advantage and has produced a great product.
Anyway, I'd be interested if anyone in this forum is a shareholder or has a strong view either way.