Galileo Russell, author at Seeking Alpha and founder of Hyperchange TV, discusses why he is still betting big on Tesla. Cheddar Anchor, Kristen Scholer presses him on whether investors should be worried about the fact that the company has yet to be profitable. Russell adds that profitability shouldn't be a concern because he doesn't think that's the company's goal right now. He estimates that by the end of the year, Tesla stock will be worth $400 a share if it's able to meet Model 3 demands.

Share:
More In Technology
How Technology is Getting Banking Ready for the Future
From moving finances online to the new ways we'll be getting cash, Ray Hatch, the Vice President of Enterprise Solutions Vertical Markets at Comcast Business explains how the banking industry is getting ready for the future.
Load More