Wednesday, May 22, 2019

5 more Tesla

Bought 5 more shares of Tesla, as the price tumbled.
There should be some fear, currently US vs China trade war is happening.
The Shanghai Gigafactory is close to completion, will China sabotage it?
Anyway, the price was hovering around $200 for few days.
Why did I decide to buy again?

Partly because I earn salary every month.
I am afraid of accumulating too much cash without invest in anything.
I still have around US$3k in my trading account.

I was also watching youtube 'Financial Education' channel, and it was discussing about him.
Will Amazon buy Tesla? Can Ironman and Batman work together?
I think definitely not. Can't see Elon wanting to work for Bezos.
The ironman comparison made me recall the ego of Elon when he say the other self-driving car technology will fail.
His tech uses computer vision. Others like Google uses Ladar.
Elon's tech is also in practical use, and it makes sense to use computer vision, as it is how human drive.
The roads are not built for Ladar.
Anyway, I am betting on Elon again.
At the end of the day, I trust his hunger and his purpose.

O, another reason, I have 15 shares, I thought it will be nice to hold 20 shares of Tesla :D