Quick Tip

I would highly recommend picking up some more TSLA stock especially after it dropped in price and after Elon Musk’s Space X just got part of a $7 billion bid from NASA. I got some more yesterday. This has been the best performing stock in my portfolio.

Tesla Benefits From Space-X

Tesla has the potential to become like a Google or Facebook because of its investment in battery technology.  What many of the bears aren't realizing is that the company is run by Elon Musk who has two other groundbreaking companies and one hasn't gone public yet.  Basically if you want to invest in his activities Tesla (TSLA) and Solar City (SCTY) are the only options for small investors.

If and when Musk takes Space-X public, that will be a boon for his other ventures.  If you hear interviews with Musk and watch his past behavior he does what it takes to keep his companies afloat.  He even risked his personal fortune to keep Space-X running when it was about to go under.  Now with his unveiling of his new capsule and after he has some successes under his belt it is a perfect opportunity to take Space-X public.

Here’s an article on Space X’s unveiling of their new capsule:

Space-X New Capsule

Here’s a CNN article asking that questions and giving some context on Musk’s IPO opportunity:

Space-X IPO