I'm sure it's not Ted, but the name made me laugh, and the fact that someone is actually predicting ten years out is pretty funny, because predicting a company's price each year and then ten years from now is like predicting how many hurricanes will hit land in the eastern U.S. ten years from now - impossible . . . even with all the supercomputers they have these days. Hell, they can't even predict with any significant accuracy how many there will be next year and the year after.LOL?! ... my link was not offered in jest!LOLHmm, Scott, by showing the 5-yr chart versus my 1-mo chart, you are applying a bit of 'spin', I reckon.Here's a more realistic view:LOL ...One need only to check morning headlines to support your statement. I have never heard that CEO Yamaki and his leadership team at Sigma should start to behave like adults, nor have I seen Sigma performance likened to a trainwreck!Oh, and is Yamaki really anything like Tesla's boss? From what I gather, Sigma look after their employees very well and treat them with respect and Yamaki isn't on the news all the time for some bizarre outburst or other strangeness.
https://www.marketwatch.com/story/t...egging-executives-to-act-like-adults-6a75192e
This month:
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My view is that a "train-wreck" is a short-term event, more realistically represented by my 1-mo chart.
I see that we both use Yahoo Finance ... cool ... :-D
On the other hand:About five years ago I started telling my friends and a few others they should invest in Tesla. Those wo did back then have done quite well. I believe Tesla stock will hit $1,000 within the next five years. Since it's under $200 right now, that would be a great investment if I turn out to be right.
I believe the company will continue to do well in the car business, but even better in the robot business.
If Sigma was as innovative as Tesla (and they are indeed innovative), just in the lens and camera business, I'm sure they would do even better than they've done so far.
"According to the latest long-term forecast, Tesla price will hit $200 by the middle of 2024 and then $250 by the end of 2025. Tesla will rise to $300 within the year of 2026, $350 in 2027, $400 in 2028, $450 in 2029 [not $1000], $500 in 2030 and $600 in 2034."
https://coinpriceforecast.com/tesla
I do have to admit though that I expected 2023 to be a major, breakout year for Tesla, and although the Model Y did end up being the best selling car in Europe (supposedly), their stock price did not double, like I expected it to (from January to December). In fact, the current price is quite a surprise to me. I think it was up to about $250 not too long ago. I'm surprised to see it is down that far right now. I'm sure there is some silly reason, and today's price is just a good opportunity to get it for a bargain price ( . . . says the guy who has never bought a stock in his life). I told people to buy Apple stock back in 2005, when I got myself an iPod, and thought it was amazing. If I had just invested a few grand in that stock back then, I'd be quite the happy camper right now, huh? (Yeah, it's gone up to more than a hundred times what it was worth back then. For the record though, I don't see Tesla stock doing anything like that. I do see it hitting $1,000 in a few years though.)
I use a special crystal ball for these predictions I make. I stole it from Madame Rose's parlor many years ago, back when I was a teenager.
Oh, and I predict that we will at least get some news about the FFF this year.
--Well, at least they aren't saying electric cars are a fad, and predicting doom and gloom for the biggest, most innovative electric car company out there. If it does just hit $600 in 2034 then anyone who buys it now, while it's under $200, will do quite well. Triple your money in just ten years is better than most real estate investments, historically, and there's no property tax on stocks. I still think that when Tesla starts selling Optimus II or whatever comes after Optimus, they'll sell quite a lot of them, and just like the cars, there's a lot of profit to be made there, but the batteries in the robots will be much less expensive, and that means there may be more profit in a robot than in a car. Add to that the fact that there is very little competition to be worries about, and the market will be wide open for Tesla to single-handedly solve the labor shortage by selling a few million robots each year to companies that want/need them . . . and eventually to millions of famillies that want a live-in maid, but don't want to pay $600 or more each week to have one. For less than half that they'll be able to finance a Tesla robot for three years, and have something they can sell at the end of the three years, so they can upgrade to the latest, greatest new model, which not only cleans the windows, dishes, and cars, as well as doing the laundry, but it will be a fantastic cook too.
Scott Barton Kennelly
https://www.bigprintphotos.com
https://www.sigmaphotopro.com
https://www.sigmacamerapro.com
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