Tesla TSLA Is a Stock to Buy & Hold if You Love the Product Roadmap

Tesla TSLA Is a Stock to Buy & Hold if You Love the Product Roadmap

The essence of any company is products and services. And how strongly the company strives to continuously grow and stay ahead of the curve is a good indicator of whether it is worth investing in. Many companies, at any given time, may have a good product, but only their ability to deliver a quality product and maintain its superiority over time can be an indicator of a good long-term investment. In addition to these attributes, investing in stocks of companies with a strong roadmap that you also love is the optimal choice.

Tesla is a great example of a company with a strong roadmap that stems from the company's core goals. In fact, everything comes from Tesla's mission "to accelerate the world's transition to sustainable energy."

To achieve this, Tesla CEO Elon Musk has a plan. To start out, more expensive car models were created, and the earnings from those  sales then allowed investing in the development and creation of more affordable models. Now, huge financial costs and efforts are being made up front to make EVs cheaper to manufacture—ultimately making them even more affordable to the masses.

Achieving Tesla's mission requires comprehensive development, which ultimately guarantees the company and its investors colossal profits.

Tesla is simultaneously developing in several areas, developing and producing:
  • electric cars
  • battery cells
  • software
  • insurance
  • full self-driving systems
  • solar systems
  • home and industrial batteries
  • software for energy operations

Apart from this, there are also a number of areas in which the company intends to start developing in the future. Tesla has an incredible product roadmap that shows that it is not just going to maintain minimal operations for average profitability, but that Tesla is going to revolutionize several industries at the same time and take a leading position in them.

That is why Tesla is of great value to its investors and is ideal for investment, if you love its roadmap.

© 2020, Eva Fox. All rights reserved.


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Legal Disclaimer --

This article is for informational purposes only. You should not construe any such information or other material as an investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by Eva Fox, Tesmanian, or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

Eva Fox holds zero shares of Tesla, Inc., and currently (at the time of this article's publishing) holds zero options or securities in Tesla Inc. and/or its affiliates.

About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

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