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
A.I. Helping to Make Shopping Easier
Technology has changed the way people do everyday tasks, including grocery shopping. Cheddar News took a peek at a smarter way to shop with an AI-powered shopping cart.
Load More