Tons of people read Paul Mampilly’s newsletter. Tons. Bayan Hill as a whole — which is the publisher of Paul Mampilly’s newsletter — has over 400,000 views a day. There is a reason for this. Paul is reliable. His pick of STM was a particularly aggressive pick and one that has earned lots of people money. Visit dailyreckoning.com to know more about Paul Mampilly.
Paul is pitching something new again this time it’s a little more familiar than most of his other picks. Paul has been talking about Tesla (TSLA) recently. He predicts that they are going to be bigger, smarter, and wealthier than Amazon and Google. A bold statement for sure. Of course, Telsa just launched their PowerWall and other home solar powered products.
Now, a bet with Tesla is always an interesting bet. It is impossible to bet on Tesla without betting on Elon Musk. After all, a bet on Tesla is directly a bet on the visions of the ever-present man in charge of Tesla. This is what Paul Mampilly is betting on.
Tesla has had all forms of evaluations during their run at the top, and some of them have been too high and some of been too low. So far, anyone who has shorted the company typically comes out at a loss. The main question is, can Tesla produce enough Model 3s? That single question will predict the entirety of Tesla stock prices. So far, it’s hard to tell. Read this article at weeklyopinion.com.
Then again, Paul Mampilly is one of the best stock gurus in the business, so if he says it I’m more inclined to believe it. Tesla is definitely not a strange pick, but his valuation of it taking over Google and Amazon certainly is. Whether or not it will do this, again, depends on many factors.
Either way, you look at it Tesla is definitely one of the most interesting companies to keep your eye on. They have been making and breaking valuations since they began and typically have a long-standing history of succeeding. Just remember, betting on Tesla is more of a direct bet on Elon Musk himself. It’s up to you, the investor, to say whether or not that bet is a safe one.