Elon Musk, founder of Tesla along with many other enterprises, stunned everyone in the automobile industry as well a many on Wall Street !
Meet the Tesla Model 3
After announcing a new ~ $35k price range car available in 2017 with near 300 mile range…oh and of course this is a Tesla, which is all electric. Pre-orders are currently at over $400k, each with a $1k deposit to hold your spot in line !
Well done Elon, congrats…. now how are you going to make that many cars ?? Great problem to have !
This does not mean the stock is cheap …by many metrics, IT IS NOT …
Interesting to us that with the price of oil so low, such HUGE consumer demand.
Are we being Greener ?
Have a Great Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth