Submitted by DevLeo on March 2, 2014
About three months ago I had a debate with my father and sister about investing in Tesla when it was about $150 a share. My father, who has lost money in the stock market in the late 90's early 2000's, told me not to and my sister, a financial adviser, told me to hold off saying that $150 was too much. I regret following their advice after seeing the shares at $244 today. I'm thinking about doing it once again but have I waited too long? I know my sister will say it's too high, like she did before...but when is it not?
I've done some research and I like the direction Tesla is going. I know that their power plant is a step towards the direction of mass production. My main concern is towards the future. Wouldn't anyone, especially Mr. Musk, be concerned that a country like China could create their own electric car for a cheaper price once they have received Teslas? That could have a significant impact on Tesla stock.
Sorry if this question seems dumb to some. Just interested in some feedback-positive or negative.