Seeking Alpha: Why Tesla Is a "Model" Investment

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.

More In Technology

Video Game Performers Will Strike Over AI concerns

Hollywood’s video game performers are going on strike, throwing part of the entertainment industry into another work stoppage.

Small Stocks Are About to Take over? Wall Street Is Unconvinced...

Some of the smallest stocks on Wall Street have shown much more life recently. but professional investors still aren’t convinced.

Global Shares Tumble after Big Tech’s Wipeout on Wall Street

Global shares have dropped as pessimism set in over Wall Street's nose-dive related to Big Tech's pullback.

Alphabet Prospering on AI Search Injection

Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine.

Warner Bros & TNT to Match Amazon Prime Video’s Offer to Air NBA Games

Warner Bros. Discovery informed the league Monday that it will match the $1.8 billion per year offer by Amazon Prime Video to air NBA games.

Congress Calls CrowdStrike CEO To Testify Over Worldwide Tech Crash

U.S. House leaders are calling on CrowdStrike CEO George Kurtz to testify over the global tech outage.

Load More