S&P 500 ^GSPC 5,267.84 -0.74%
Nvidia NVDA $1,037.99 +9.32%
Tesla TSLA $173.74 -3.54%
Apple AAPL $186.88 -2.11%
Alphabet GOOG $175.06 -1.65%
Amazon AMZN $181.05 -1.14%
Microsoft MSFT $427.00 -0.82%
Meta META $465.78 -0.43%

The bigotry at Tesla is insane, normal arguments are not enough here. But as an investor you might know that there were many such to the moon and where are they today? Nowhere... Nothing grows indefinitely, I deliberately did some digging and looked at such then top,top,top companies of the past and whether they still exist. Here's a few examples (I'm not comparing technologies, it's just an example that every company no matter how revolutionary will hit a wall at some point).

-Pan American World Airways (Pan Am) - in the 1930's the dominant airline, the first to fly across oceans and a symbol of luxury and technological advancement. But it folded in 1991 due to financial problems and competition from other airlines.

-East India Company - a British company founded in the 1600s that effectively ruled India and dominated world trade. However, it lost its monopoly in the mid-19th century and was liquidated in 1874.

-Sears Roebuck - American retail chain that revolutionized shopping with its catalogs in the late 19th century. In the mid-20th century it was the largest retailer in the world, but in recent decades it has fallen into decline and its fame has waned.

-Smith Corona - the dominant manufacturer of typewriters, invented in 1867 by Christopher Latham Sholes. But with the emergence of personal computers in the 1970s, demand for typewriters declined and Smith Corona lost its leading position. In 1995, it discontinued typewriter production.

I've made the arguments enough in the past, hence these examples, it's only a matter of time before the hype dies down and people realize that Tesla is just an overvalued company that will be replaced sooner or later anyway. But for EVs and Tesla that bump may come much sooner, maybe with the advent of hydrogen and alternative fuel cars.

I wouldn't be so optimistic, but I think $150 is already a decent price.

My feeling is that this growth is not sustainable. We have to realize that Tesla is no longer alone in the market.

Exactly, Tesla is no longer the dominant individual. There are better electric car makers now, not on the same scale but they certainly have better pieces.