3 Reasons to Buy Tesla Stock Like There's No Tomorrow

Tesla (NASDAQ: TSLA) shares opened higher on Thursday after a better-than-expected quarterly report. Critics will point out that an already overvalued stock is now even more richly priced. Folks upset about Elon Musk's political antics will argue that the gains can't last for a divisive and mercurial CEO.However, Tesla has traded higher -- much higher -- than it is right now for a good chunk of time. There was also a lot of meat in Wednesday afternoon's financial update to encourage a long-term bullish mindset for the country that made electric cars viable and aspirational. Let's look at some of the reasons why now might be a good time to buy Tesla stock like there's no tomorrow.Revenue rising 8% to $25.2 billion for the three months ending in September isn't necessarily impressive. Investors already knew that vehicle deliveries for the quarter were preannounced as a 6% year-over-year increase. Average selling prices are moving lower, but given the Tesla ecosystem of subscriptions, accessories, and Supercharger outposts, it's easy to see why revenue is about more than just the initial sale.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool