We recently published our long-term thesis for Tesla on SumZero, an investor community for sharing ideas. From there, Barron’s picked up on our research and today published our thesis on their website. The article can be seen here. While we are excited by the recent publication, this is has been our thesis from the start and exemplifies the type of insight that has given us the strong returns over the past seven years.
During the first half of this year, the myopic stock market sold off the stock. As contrarian investors, we enjoyed shopping for this great company on the path down to $180 a share through May.
Each share of Tesla is now priced at $260 as of today's market close. We are excited to see long-term success of Tesla, the only fast-growing global automaker made in USA. The stock market is not the judge, consumers are the true judge of the company.