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This is a post for GrussGott.
My dad in 1996 bought a lot of shares in many startup companies out of hard-earned cash as a Doctor.
most of them went nowhere.
I recall that of them (Infosys) was floated at
.79 rs
He had a lot of shares in them
In 2002 I recall telling him why didn't you sell as it was riding high and he told me son I don't need to sell I bought it so cheap I will lose nothing on it.
Right it's share price is 1279 now!
Ie from 0.79 to 1279 from 1995 to now. Its an IT firm.
I just remembered all of this 2 days ago. Next time I talk to him I have to ask him how many 1000s of shares he owns in this as I'm sure he would have sat on it!
Tesla bears (as long as you can sit in it for long gruss) might be in for a treat) for retirement time! .
In short term though maybe losses etc.
You can still make money off tesla shares but not buy the product (my dad is super tech illetrate)
btw good luck on the macan.With 3 kids for me x5 7 seater is just an unbeatable proposition!
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