Who says price does not matter ? Not Elon Musk

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

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
Management firm.
www.jkfinancialinc.com
www.street-cents.com

 

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