Is It Wise to Buy a Load of TESLA at $700?

Tesla, the electric vehicle pioneer is the leader of the EV league. They had just delivered over 180.000 vehicles, in only four months, (in comparison to last year Q1 they delivered around 80.000, a 120% rise). Recently, it was also made available to buy a Tesla in Bitcoin, so it is obvious how the company is pretty open-minded.

Even more good news is on the way. The UK government and the European Union have proposed to ban the production of internal combustion engines (petrol and diesel) by 2025. Guess who is dominating and who is going to dominate the EV market.

Going further, Tesla has a self-driving taxi on the way, new battery storage innovations, all-solar roofs, self-driving software, lots of supercharging electric stations… All this leads to one point. Tesla is dominating multiple markets and it's going to expand more and more. The tech revolution is yet to come. Tesla is going to be the next Apple, Amazon, Microsoft.

Even with the pricey 700 USD share, myself and many analysts believe that it will hit the four-digit mark by the end of this year. Speaking long-term, there is already a 3.000 USD target price expected by 2025. It's never late to hop on the train.