How to Play Tesla’s Inevitable Demise
[Editor’s note: “How to Play Tesla’s Inevitable Demise ” was previously published in June 2021 . It has since been updated to include the most relevant information available.] Fortune favors the bold. Let’s hope fortune favors me when I say it may be time to bet against Tesla ( TSLA ). Full disclosure: We own TSLA stock in our Innovation Investor portfolio. How could we not? Elon Musk Co. are at the forefront of three of the most disruptive technological shifts in the world today – EVs, solar, and battery storage. But I’ve been putting some serious thought into finding innovative, disruptive tech companies with the potential for 2X, 5X, or 10X-plus gains. While Tesla still has the potential for upside, we think there’s a much, much bigger opportunity elsewhere. I’m growing increasingly bullish on the idea that Lucid Motors ( LCID ) is about to eat Tesla’s lunch . And as a result, Tesla stock will struggle in the coming years while Lucid Motors stock will roar higher. It’s a bold claim, I know.
How to Play Tesla’s Inevitable Demise
[Editor’s note: “How to Play Tesla’s Inevitable Demise ” was previously published in June 2021 . It has since been updated to include the most relevant information available.] Fortune favors the bold. Let’s hope fortune favors me when I say it may be time to bet against Tesla ( TSLA ). Full disclosure: We own TSLA stock in our Innovation Investor portfolio. How could we not? Elon Musk Co. are at the forefront of three of the most disruptive technological shifts in the world today – EVs, solar, and battery storage. But I’ve been putting some serious thought into finding innovative, disruptive tech companies with the potential for 2X, 5X, or 10X-plus gains. While Tesla still has the potential for upside, we think there’s a much, much bigger opportunity elsewhere. I’m growing increasingly bullish on the idea that Lucid Motors ( LCID ) is about to eat Tesla’s lunch . And as a result, Tesla stock will struggle in the coming years while Lucid Motors stock will roar higher. It’s a bold claim, I know.