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.
The Biden administration on Thursday released a plan for improving the nation's cybersecurity by shifting the burden from individuals, small businesses, and local governments to federal agencies and major tech providers.